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Luta sale is stayed

The public auction for cargo ship M/V Luta, originally set for Wednesday, Feb. 8, will not push through. U.S. District Court for the NMI designated Judge Frances Tydingco-Gatewood stayed the sale of M/V Luta for 60 days. She announced the 60-day stay of the sale during a motions...
Posted On Feb 03 2017 06:06
, By Ferdie De La Torre

‘Sale of ship will only put Yamamoto in worse position’

Japanese investor Takahisa Yamamoto has offered no legal reason to insist on the sale of M/V Luta since it will put him in a worse position, according to the owner/operators of the vessel. In fact, based on the evidence in the record, Yamamoto was never entitled to a maritime...
Posted On Jan 30 2017 06:00
, By Ferdie De La Torre

‘902 report reflects the NMI’s best interests, military’s plan’

The final draft of the 902 report that was transmitted to congressional leaders presents the best interest of the CNMI on the issues of labor and the planned military activities in the Commonwealth, according to Senate President Arnold Palacios (R-Saipan). The 902 report offers...
Posted On Jan 20 2017 06:06
, By Jon Perez

Another company intervenes in Yamamoto suit to collect $165K

Rota Terminal & Transfer Co. Inc. asked the U.S. District Court for the NMI yesterday to allow it to intervene in Japanese investor Takahisa Yamamoto’s lawsuit against Lt. Gov. Victor Hocog and the owners/operators of cargo ship M/V Luta. Rota Terminal, through Janet H. King,...
Posted On Jan 19 2017 06:06
, By Ferdie De La Torre
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