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Maybe there is glimmer of hope for the USA after all.
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<blockquote data-quote="Babagounj" data-source="post: 5765517" data-attributes="member: 12952"><p>Bed, Bath & Beyond may have closed all of their stores, but their lawyers are still finding way to make them a profit.</p><p>[URL unfurl="true"]https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-files-316m-mega-claim-against-msc[/URL]</p><p>The bankruptcy estate of former retail giant Bed Bath & Beyond (BBBY) continues its relentless pursuit of shipping lines for alleged damages suffered during the supply chain crisis. It has already <a href="https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-goes-after-container-shipping-lines" target="_blank">filed $31.7 million in claims against Hong Kong shipping line OOCL</a> and $7.7 million in claims against Taiwan’s Yang Ming.</p><p></p><p>The main course, filed Tuesday, is a mammoth claim against the world’s largest ocean carrier, Switzerland’s Mediterranean Shipping Co. (MSC). The various damages add up to over $50 million, plus there’s a request that all reparations be doubled due to “MSC’s willful retaliatory conduct.”</p><p></p><p></p><p>That brings the tally to over $100 million, the largest shipper damage claim against an ocean carrier since the supply chain crisis. And when the case goes to trial, the total claim will be higher still.</p><p>The new twist in the MSC case is that BBBY’s estate is seeking compensation for lost profits and is asking for double reparations.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5765517, member: 12952"] Bed, Bath & Beyond may have closed all of their stores, but their lawyers are still finding way to make them a profit. [URL unfurl="true"]https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-files-316m-mega-claim-against-msc[/URL] The bankruptcy estate of former retail giant Bed Bath & Beyond (BBBY) continues its relentless pursuit of shipping lines for alleged damages suffered during the supply chain crisis. It has already [URL='https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-goes-after-container-shipping-lines']filed $31.7 million in claims against Hong Kong shipping line OOCL[/URL] and $7.7 million in claims against Taiwan’s Yang Ming. The main course, filed Tuesday, is a mammoth claim against the world’s largest ocean carrier, Switzerland’s Mediterranean Shipping Co. (MSC). The various damages add up to over $50 million, plus there’s a request that all reparations be doubled due to “MSC’s willful retaliatory conduct.” That brings the tally to over $100 million, the largest shipper damage claim against an ocean carrier since the supply chain crisis. And when the case goes to trial, the total claim will be higher still. The new twist in the MSC case is that BBBY’s estate is seeking compensation for lost profits and is asking for double reparations. [/QUOTE]
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Maybe there is glimmer of hope for the USA after all.
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