Judge Stays Enforcement Of Confirmation Of Arbitration Awards

(May 20, 2016, 1:03 PM EDT) -- NEW YORK — A federal judge in New York on May 17 granted a Brazilian insurer’s motion to stay enforcement of the confirmation of a number of reinsurance arbitration awards while the confirmations are pending appeal (National Indemnity Company v. IRB Brasil Resseguros S.A., No. 15-cv-03975, S.D. N.Y.)....