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Settlement deal with Luta owners jeopardized

With Japanese investor Takahisa Yamamoto’s failure to pay his share of custodial fees for cargo ship M/V Luta, the vessel remains in the custody of the National Maritime Services, and inventors in his lawsuit have been unable to put into effect their settlement with the ship’s...
Posted On Feb 20 2017 06:03
, By Ferdie De La Torre

Yamamoto directed to show cause

A federal judge directed Japanese investor Takahisa Yamamoto yesterday to explain why he has not paid $130,406 in custodial fees for cargo ship M/V Luta. U.S. District Court for the NMI designated judge Frances M. Tydingco-Gatewood ordered Yamamoto to appear personally in the...
Posted On Feb 15 2017 06:06
, By Ferdie De La Torre

M/V Luta custodian sues Yamamoto in Florida

The Florida-based custodian of cargo ship M/V Luta has filed a lawsuit against Japanese investor Takahisa Yamamoto before the U.S. District Court Southern District of Florida for allegedly failing to pay $123,999 in custodial fees. Attorney Sean Frink, counsel for National...
Posted On Feb 14 2017 06:06
, By Ferdie De La Torre

Custodian: Yamamoto, intervenors ignoring court orders

The court-appointed custodian of cargo ship M/V Luta, National Maritime Services, has asked the court to enforce its previous orders requiring Japanese investor Takahisa Yamamoto and the intervenors in Yamamoto’s lawsuit to pay the company $124,879 in custodial services before...
Posted On Feb 01 2017 06:06
, By Ferdie De La Torre
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