Insurers Sue Ship Over $13M In Lost Nintendo Goods

Law360, New York (November 9, 2010, 1:01 PM EST) -- Two Japanese insurance companies are suing a cargo ship over $12.8 million in Nintendo of North America Inc. goods that were lost or damaged during a trip across the Pacific Ocean, hoping for a court order that the vessel be seized as part of their efforts to recoup the loss.

Mitsui Sumitomo Insurance Co. Ltd. and Tokio Marine & Nichido Fire Insurance Co. Ltd. said in complaint filed Friday in the U.S. District Court for the Western District of Washington that the ship, Hyundai Kingdom, and...
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