Victor Restis Represented By Coburn & Greenbaum, PLLC
WASHINGTON, July 19, 2019 /PRNewswire/ -- Victor Restis,
the entrepreneur and accomplished businessman, who is ranked as one
of the most influential individuals in the international shipping
community, who also has significant and diverse interests in a
broad range of business sectors, including financial, media,
hospitality and leisure, real estate, and energy, has filed a
defamation and false light lawsuit against The American Interest,
Inc.
The lawsuit filed in the District of Columbia Superior Court
(Case No.: 2019-CA-0044681 B) by the law firm of Coburn &
Greenbaum, PLLC alleges that the American Interest article titled
"A Greek Bearing Grifts" defamed Mr. Restis and portrayed him in a
false light. Significantly, the article states that Restis
was caught "red handed" extracting loans from the state under the
names of family members and then "siphoning the cash off to his
offshores". The lawsuit alleges this is a false statement. The
Athens based Court of Appeal
ruled, well in advance of the publication of the American Interest
article, that Restis's actions were perfectly legal and "standard
banking practice" and that the bank had sufficient working
capital. The Complaint alleges The American Interest published
the article with either knowledge of the Court of Appeal's decision
or in reckless disregard for the truth, demonstrating malice.
The American Interest is a multi-platform media organization,
featuring analysis, opinions, reviews and podcasts. It is a
prominent and well circulated magazine on foreign affairs. The
article "A Greek Bearing Grifts" was widely circulated around the
world and as alleged in the Complaint, caused Restis significant
damages. Restis seeks damages in excess of $100 million dollars.