Party To Reinsurance Removes Arbitration Vacatur Petition To Federal Court

Mealey's (July 6, 2016, 10:18 AM EDT) -- NEW YORK — A party to a reinsurance treaty removed a petition asking for vacatur of an arbitration award to a federal court in New York on July 5 (Yosemite Insurance Company v. Nationwide Insurance Company, No. 16-cv-05290, S.D. N.Y.).

(Removal notice available. Document #12-160715-002N.)

Yosemite Insurance Co. sued Nationwide Insurance Co. on June 6 in the New York County Supreme Court, petitioning the court to vacate an arbitration award.

Nationwide removed the suit to the U.S. District Court for the Southern District of New York,...
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