Maritime Museum Seeks to Dodge $60M Sub Damage Suit
Law360 (March 4, 2021, 5:53 PM EST) -- An Australian museum asked a Massachusetts federal judge to hand it an early win in a $60 million dispute over a borrowed submarine that was damaged by fire during transit, arguing that it does not owe an American museum any payment after obtaining a $6.5 million insurance policy.
The Australian National Maritime Museum said Wednesday that it has satisfied all obligations against Woods Hole Oceanographic Institution after the Falmouth, Massachusetts, museum accepted a $3.9 million payment from its insurer for the submarine damage.
WHOI has alleged that the insurance policy was not adequate, and ANMM should pay for the $60 million...
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!