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Results:1-10 of 76

Enforcement of Judgment - Certain Underwriters at Lloyd’s v Syrian Arab Republic
  • Clyde & Co LLP
  • United Kingdom
  • March 1 2018

The claimant insurers obtained judgment against the defendants (including the Syrian Arab Republic) in the US for damages after an insured plane was


Vacatur over “fraud-on-the-panel” affirmed by appellate court
  • Jorden Burt LLP
  • USA
  • May 26 2011

The Illinois Appellate Court affirmed a ruling vacating a reinsurance arbitration award as having been procured by fraud.


New York federal court refuses to appoint umpire, finding that arbitration clause provided sufficient mechanism
  • Locke Lord LLP
  • USA
  • September 20 2010

A dispute arose between Certain Underwriters at Lloyd’s London and R.A. Wilson & Associates, Ltd concerning an insurance policy.


Third Circuit confirms that parties cannot opt out of Federal Arbitration Act vacatur standards absent clear intent
  • Chadbourne & Parke LLP
  • USA
  • September 8 2010

On August 18, 2010, in the matter of Joel S. Ario, Insurance Commissioner of the Commonwealth of Pennsylvania, in his official capacity as the statutory liquidator of Legion Insurance Company, et al. v. The Underwriting Members of Syndicate 53 at Lloyds for the 1998 Year of Account, Nos. 09-1921, 09-2989 & 09- 2991, the Third Circuit affirmed the judgment of the District Court for the Middle District of Pennsylvania confirming July 2008 arbitration awards which rescinded three of four reinsurance treaties entered into between the parties.


Which court wants this case?
  • Jorden Burt LLP
  • USA
  • February 1 2010

AXA Belgium S.A. (“AXA”) reinsured Century Indemnity Co. (“Century”) under certain treaties dating back to the 1970s.


Fifth Circuit rules en banc that arbitration treaty trumps state insurance laws
  • Jorden Burt LLP
  • USA
  • November 21 2009

In Safety National Casualty Corporation v. Certain Underwriters At Lloyd's, London, --- F.3d ----, 2009 WL 3722727 (5th Cir. (La.)), the Fifth Circuit considered en banc the question of whether the McCarran-Ferguson Act caused Louisiana state law to “reverse-preempt” the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the Convention) or its implementing legislation (the Convention Act).


Assignee of reinsurance claims not exempt from arbitration
  • Jorden Burt LLP
  • USA
  • April 24 2009

Plaintiff, the assignee of remaining reinsurance claims possessed by the estate of the insolvent insurer, originally brought an action against the defendants in state court, but the defendants removed to federal district court by alleging that the New York Convention (the "Convention") and the Federal Arbitration Act governed the arbitration clauses in the excess-of-loss reinsurance contracts.


Court grants motion to seal arbitration award
  • Jorden Burt LLP
  • USA
  • February 10 2009

Parties to a reinsurance agreement arbitrated a claims dispute, agreeing that the final award and all "arbitration information" be kept confidential.


Second Circuit finds that arbitrators cannot compel pre-hearing document discovery from non-parties under the Federal Arbitration Act
  • Locke Lord LLP
  • USA
  • December 3 2008

In a decision that impacts a party’s ability to obtain discovery in arbitrations arising under the Federal Arbitration Act (“FAA”), the U.S. Court of Appeals for the Second Circuit recently held that Section 7 of the FAA does not provide arbitrators with the authority to compel pre-hearing document discovery from non-parties to the arbitration proceeding.


Stay of proceedings pending outcome of arbitration
  • Reed Smith LLP
  • United Kingdom
  • October 1 2008

In Equitas Ltd v Allstate Insurance Co - Lawtel 9.9.08 the applicant, which was the Defendant in proceedings brought by the respondent, sought a stay of those proceedings pending the determination of arbitration in Texas between itself and an American reinsurance company which was in receivership.