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NORTH AMERICAN FOREIGN TRADING CORP. v. MITSUI SUMITOMO

No. 05 Civ. 4807(SAS).

413 F.Supp.2d 295 (2006)

NORTH AMERICAN FOREIGN TRADING CORP., Plaintiff, v. MITSUI SUMITOMO INSURANCE USA, INC., f/k/a Mitsui Marine and Fire Insurance Company of America and MSI Claims (USA), Inc., Defendant.

United States District Court, S.D. New York.

January 30, 2006.

Attorney(s) appearing for the Case

Joseph F. Donley, Rodney M. Zerbe, Dechert LLP, John F. Ryan, Donovan Parry Mcdermott & Radzik, New York City, for Plaintiff.

Francis A. Montbach, Jacqueline K. Seidel, Mound, Cotton, Wollan & Greengrass, New York City, for Defendant.

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...

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