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Mazda files $40 Million suit over Cougar Ace.

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Old 02-17-2007, 12:23 PM
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Mazda files $40 Million suit over Cougar Ace.
From Berny over at MazdaNews-

http://mazdanews.com/node/view/413
Mazda North America Operations and its insurance company have filed a lawsuit in US Federal Court in Portland, Oregon seeking more than $40 million from Tokyo-based Mitsui O.S.K. Lines Ltd.

The case stems from last summer's ill-fated voyage of Mitsui's Cougar Ace, which was transporting 4,703 new Mazdas across the Pacific when it started taking on water south of the Aleutian Islands. The ship eventually stabilized after listing 60 degrees onto its port side.
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Old 02-17-2007, 12:30 PM
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And so the plot thickens. Is that standard procedure in this type situation?
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Old 02-17-2007, 12:39 PM
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You have to file a suit to claim insurance . .. . right?
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Old 02-17-2007, 01:08 PM
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Sue The Bastards !
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Old 02-17-2007, 02:44 PM
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That's only about $8500/car. Is that all they're really worth?
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Old 02-17-2007, 04:45 PM
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its likely to cover what the insurance won't, what ever teh deductible is + business interuption among other things.
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