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Contempt proceedings vs Yamamoto suspended

A federal judge has placed on hold for the moment the contempt proceedings against a Japanese investor’s failure to pay his share of custodial fees for cargo ship M/V Luta. On Wednesday, U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood said the contempt...
Posted On Mar 10 2017 06:06
, By Ferdie De La Torre

Yamamoto agrees to pay $167,627 to NMS

Japanese investor Takahisa Yamamoto has agreed to pay $167,627 to National Maritime Services Inc., the former custodian of cargo ship M/V Luta. Yamamoto and NMS, through George Lloyd Hasselback and Sean E. Frink, filed a stipulated judgment before the U.S. District Court for the...
Posted On Mar 06 2017 06:06
, By Ferdie De La Torre

Judge orders release of M/V Luta

A federal judge ordered yesterday the immediate release of cargo ship M/V Luta to its owners. U.S. District Court for the NMI designated judge David O. Carter gave the order after Japanese investor Takahisa Yamamoto reached a settlement agreement with the vessel’s custodian,...
Posted On Feb 23 2017 06:00
, By Ferdie De La Torre

Yamamoto given 24 hours to settle custodial fees

The clock is ticking for Japanese investor Takahisa Yamamoto, who has been given 24 hours to settle his share of $130,406 in custodial fees for cargo vessel M/V Luta. In a hearing yesterday, the federal court directed Yamamoto to settle his outstanding balance of $130,406 with...
Posted On Feb 22 2017 06:00
, By Ferdie De La Torre
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