North American Foreign Trading Corp. v. Mitsui Sumitomo Insurance USA, Inc.
District Court, S.D. New York
1Opinion of the Court
OPINION & ORDER
SCHEINDLIN, District Judge.
I. INTRODUCTION
North American Foreign Trading Corp. (“NAFT”) brings this action against Mitsui Sumitomo Insurance USA, Inc., formerly known as Mitsui Marine and Fire Insurance Company of America, and MSI Claims (USA), Inc. (collectively, “Mitsui”) for breach of a marine insurance policy issued by Mitsui to NAFT. NAFT now moves for summary judgment, arguing that Mitsui is liable for NAFT’s loss of cordless telephones at a warehouse in Gu-angdong, China. Mitsui cross-moves for summary judgment, arguing that first, the policy did not cover NAFT’s loss…
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