Rice Heist Prompts $1.6M Insurance Dispute

Law360, London (October 10, 2019, 7:11 PM BST) -- A Liberian agricultural commodities company is seeking to recover more than $1.6 million in insurance proceeds from a Swiss trader after thousands of tons of rice the company purchased from the trader were stolen, according to a claim filed in a London court in late August but posted publicly this week. 

United Commodities Inc. is suing grain distributor Ameropa AG over Indian non-basmati rice it bought from the trader in 2013 after more than 3,000 metric tons of rice were stolen from a warehouse after an Ebola outbreak left the company unable to move the staple as quickly as it had hoped.

United Commodities...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!