-- Victor Restis Represented By Coburn & Greenbaum, PLLC 

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.

SOURCE: Coburn & Greenbaum, PLLC

CONTACT: Jonathan W. Greenbaum, jg@coburngreenbaum.com