New York Federal Judge Says Arbitration Panel Properly Interpreted Pollution Exclusion

Mealey's (May 14, 2020, 2:06 PM EDT) -- NEW YORK — A New York federal judge on May 12 granted an insured’s motion to confirm an arbitration award in favor of the insured for underlying groundwater contamination liabilities because the arbitration panel’s interpretation of a portion of the pollution exclusion was not a manifest disregard of the law (HDI Global SE, f/k/a HDI Gerling Industrie Versicherung AG v. Phillips 66 Co., No. 20-631, S.D. N.Y., 2020 U.S. Dist. LEXIS 83834)....