North American Foreign Trading Corp. v. Mitsui Sumitomo Insurance Usa, Inc.
Court of Appeals for the Second Circuit
1Opinion of the Court
SUMMARY ORDER
Defendants-Appellants-Cross-Appellees Mitsui Sumitomo Insurance USA, Inc. and MSI Claims, Inc. (collectively “Mitsui”) were found liable following a bench trial for losses of goods from two Chinese warehouses, Cidmate and Lionda, sustained by Plaintiff-Appellee-Cross-Appellant North American Foreign Trading Corp. (“NAFT”). The District Court (Shira A. Scheindlin, Judge) awarded NAFT $1,125,000 in damages for the Cidmate losses and $6,300,000 in damages for the Lionda losses. N. Am. Foreign Trading Corp. v. Mitsui Sumitomo Ins. USA, Inc., 499 F.Supp.2d 361 (S.D.N.Y.2007). The…
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