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HIDROCARBUROS y DERIVADOS, C. A. v. LEMOS

No. 77 Civ. 613-CSH.

453 F.Supp. 160 (1977)

In the Matter of the arbitration between HIDROCARBUROS y DERIVADOS, C.A., Petitioner, and Costas M. LEMOS, C. M. Lemos & Co., Ltd., Triton Shipping Inc., Albatross Shipping Co., S.A., Boreas Shipping Co., S.A., Celestial Shipping Co., S.A., Clipper Shipping Co., S.A., Eastwind Shipping Co., S.A., Fairwind Shipping Co., S.A., Galaxy Shipping Co., S.A., Hercules Shipping Co., S.A., Home Shipping Co., S.A., Legend Shipping Co., S.A., Mermaid Shipping Co., S.A., Moonbeam Shipping Co., S.A., Moonflower Shipping Co., S.A., Moonlight Shipping Co., S.A., Moonstone Shipping Co., S.A., Moontide Shipping Co., S.A., Nile Shipping Co., S.A., Northwind Shipping Co., S.A., Planet Shipping Co., S.A., Rea Shipping Co., S.A., Seacrest Shipping Co., S.A., Seahawk Shipping Co., S.A., Seaspray Shipping Co., S.A., Skydrome Shipping Co., S.A., Southwind Shipping Co., S.A., Starcluster Shipping Co., S.A., Stardust Shipping Co., S.A., Sunbeam Shipping Co., S.A., Sunflare Shipping Co., S.A., Sunlight Shipping Co., S.A., Sunrise Shipping Co., S.A., Tradewind Shipping Co., S.A., Virgo Shipping Co., S.A., Westwind Shipping Co., S.A., Windward Shipping Co., S.A., Nereus Shipping, S.A., and Compania Espanola de Petroleos, S.A., Respondents.

United States District Court, S. D. New York.

Supplemental Memorandum and Order April 12, 1978.

Attorney(s) appearing for the Case

Baker & McKenzie, New York City, for petitioner; Lawrence W. Newman, Janna H. J. Bellwin, New York City, of counsel.

Burke & Parsons, New York City, for respondents Nereus Shipping, S.A. and Triton Shipping, Inc.; Raymond J. Burke, Thomas A. Dillon, Jr., Stephen P. Kyne, New York City, of counsel.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

This petition to compel arbitration pursuant to the Federal Arbitration Act, 9 U.S.C. §§ 1, 4, draws the parties into a second round of litigation preliminary to the resolution of commercial disputes by arbitrators. Arbitration agreements are intended to avoid litigation, not breed it. That salutary purpose is not always achieved.

The present petition is brought by Hidrocarburos y Derivados...

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