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Missouri district court rules that suit against insurer in liquidation can proceed in federal court

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 28 2007

In Midwest Employers Cas. Co. v. Legion Ins. Co. (In Liquidation), No. 4:07CV870 CDP (E.D. Mo. Nov. 7, 2007), Midwest Employers Casualty Company (“MECC”) sought a declaration that the demand for arbitration from Legion Insurance Company under forty-three reinsurance contracts that did not contain arbitration clauses was null and void

Bear Stearns faces arbitration claims over hedge fund sub-prime losses following administrative action in Massachusetts

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • December 12 2007

Several investors in a failed Bear Stearns Hedge Fund recently filed arbitration claims against two subsidiaries of Bear Stearns Companies, Inc. -- Bear Stearns & Co., Inc. and Bear Stearns Securities Corp

English court denies insurance companies’ request to stay pending a prior-filed case in US district court

  • Jorden Burt LLP
  • -
  • United Kingdom, USA
  • -
  • July 23 2008

Seaton Insurance Company and Stonewell Insurance Company are involved in litigation with Cavell USA, owned by British citizen Kenneth Randall, over Cavell’s handling of the run-off of their insurance obligations under an administration agreement

The pending NASDNYSE merger and broker-dealer forum selection clauses in arbitration agreements

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • February 13 2007

The merger between the New York Stock Exchange, Inc. and the National Association of Securities Dealers, Inc. is expected to become final in the second quarter of 2007, and the resulting Self-Regulatory Organization will begin operations under a new name

Arbitration Fairness Act of 2007 approved by House Subcommittee

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 25 2008

On July 15, 2008, the Arbitration Fairness Act of 2007, H.R. 3010 (the “Act”), which was originally introduced on July 12, 2007, was approved by the House of Representatives Subcommittee on Commercial and Administrative Law

Court vacates arbitration awards because arbitrators improperly assumed jurisdiction

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 22 2008

In a recent decision from the United States District Court for the Eastern District of Washington, Olsen v. United States, No. CV-06-5020-FVS (E.D. Wash. Mar. 10, 2008), the court vacated several arbitration awards on the grounds that the reinsurer was not bound by the arbitration agreement in contracts between the ceding company and its insureds, and the arbitrators did not have jurisdiction to preside over the disputes between the parties

What employers should know about mandatory arbitration agreements

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • July 15 2008

Many employers believe that a mandatory arbitration agreement prevents their employees from going to court when an employment dispute arises

The ability to contract for expanded judicial review of arbitration awards is limited in several jurisdictions

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • March 6 2007

Our clients frequently ask which is better for their contracts resolving disputes in arbitration or court?

Court considers application for stay in favour of Texas arbitration

  • Edwards Wildman Palmer LLP
  • -
  • United Kingdom, USA
  • -
  • July 28 2008

On 17 July in Equitas Limited v Allstate Insurance Company 2008 EWHC 1671 Mr Justice Beatson handed down his decision on whether Allstate was entitled to a stay of the instant proceedings initiated by Equitas in March 2008

Insights into the changes to the NASD Code of Arbitration Procedure

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • March 2 2007

On March 1, 2007, NASD Dispute Resolution President Linda Fienberg, along with NASD Vice President and Director Richard Berry, presented an arbitrator workshop on the recently approved revisions to the NASD Code of Arbitration Procedure

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