Judge Enjoins Arbitration That Challenges Earlier Arbitration Award
Mealey's (July 31, 2015, 2:05 PM EDT) -- NEW YORK — A judge in a federal court in New York on July 30 granted an insurer’s motion to enjoin an arbitration, holding that the arbitration demand of a group of reinsurers was in direct contravention of the Federal Arbitration Act (FAA) (Arrowood Indemnity Co. v. Equitas Insurance Limited, et al., No. 13-cv-07680, S.D. N.Y.; 2015 U.S. Dist. LEXIS 99787).
(Opinion and order granting motion to enjoin arbitration available. Document #12-150807-011Z.)
Arrowood Indemnity Co., formerly known as Royal Indemnity Co., sued Equitas Insurance Ltd., Certain...