Tycoon Can't Avoid Prison In Case Over $70M Shipping Debt

By Bonnie Eslinger (September 15, 2021, 3:07 PM BST) -- An appellate court ruled on Wednesday that a Taiwanese shipping magnate cannot escape a two-year prison sentence for contempt of court as he evades a $70 million judgment owed to a Greek shipper, calling him a "serial contemnor."

The Court of Appeal has dismissed the tycoon's appeal, saying the sentence for ignoring court orders "was neither wrong in principle nor manifestly excessive or plainly wrong." (iStock) Court of Appeal Judge Richard Arnold, writing for the panel, dismissed Nobu Su's appeal, saying the sentence of two years' immediate custody for ignoring court orders over his assets "was neither wrong in principle nor...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!