Vanship Holdings Limited v. Energy Infrastructure Acquisition Corp.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*406Order, Supreme Court, New York County (Richard B. Lowe, III, J.), entered December 2, 2008, which, to the extent appealed from as limited by the briefs, enjoined respondents from distributing $2.6 million of the funds in an account held by Continental Stock Transfer and Trust Company as trustee for Energy Infrastructure Acquisition Corp. (EIAC), unanimously reversed, on the law, without costs, and the injunction vacated.
Petitioner Vanship Holdings Limited (Vanship) entered into a “Share Purchase Agreement” (the SPA) with respondent Energy Infrastructure Acquisition Corp. (EIAC) and nonparty…
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