The long-running legal dispute between DCI Advisors and Dolphin Capital Partners (DCP), the investment firm led by Greek entrepreneur Miltos Kambouridis, has officially come to an end after more than two and a half years of proceedings in both Greek and UK courts.
According to a joint statement, a comprehensive and confidential settlement agreement was signed on 12 September 2025. The deal brings the withdrawal of all lawsuits and includes a mutual waiver of future claims.
Under the terms of the settlement, DCI will receive a cash payment, while DCP acquires specific assets. The agreement is expected to boost DCI’s net asset value (NAV) by approximately €4.2 million, strengthening its financial position and ending a period of uncertainty.
The dispute dates back to March 2023, when DCI dismissed Kambouridis as investment manager, accusing him of breaching the management agreement. The rift centered on a call option arrangement concerning the luxury Amanzoe resort in Porto Heli, which DCI claimed had not been adequately disclosed.
The case had been fought in both Athens and London, with the UK’s High Court rejecting a fast-track claim by DCI last year, signaling that a full trial could follow. Instead, the parties opted for an out-of-court resolution.
For DCI, the settlement closes a costly and distracting chapter, restores liquidity, and safeguards shareholder value. For Kambouridis and DCP, it clears the way to move forward without the weight of ongoing litigation.
