UK Court Rules JP Morgan Must Stop Greek Lawsuit Against Viva Directors

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JP Morgan must stop suing directors of fintech Viva Wallet in Greece, London’s High Court ruled on Friday, in the latest round of a bitter legal battle over the Greek startup.

The U.S. bank brought a lawsuit in Athens in January against Viva’s CEO Haris Karonis and three other directors, seeking 916 million euros ($1.1 billion) as part of a dispute over JP Morgan’s investment in Viva.

Viva’s majority shareholder Werealize and the Viva directors responded by applying for an anti-suit injunction in London to stop JP Morgan pursuing its case in Greece.

Judge David

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