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NORTH RIVER INS. v. PHILADELPHIA REINS. CORP.

No. 90 Civ. 7002 (CSH).

856 F.Supp. 850 (1994)

In the Matter of the Arbitration between The NORTH RIVER INSURANCE COMPANY, Petitioner, v. PHILADELPHIA REINSURANCE CORPORATION, Assicurazioni Generali, Excess and Casualty Reinsurance Association, and Underwriters and Underwriting Syndicates at Lloyd's and Foreign Companies Subscribing to Second Excess of Loss Reinsurance Contract No. R64939, Respondents.

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

July 13, 1994.

Attorney(s) appearing for the Case

Simpson Thacher & Bartlett, New York City (John S. Kerr, Jr., Andrew S. Amer, Laura J. Levine, of counsel), for petitioner.

Siller Wilk & Mencher, New York City, Preston Gates Ellis & Rouvelas Meeds, Washington, DC (Allen G. Reiter, Kathryn P. Broderick, William Gray Schaffer, of counsel), for respondents Philadelphia Reinsurance Corp., Assicurazioni Generali, Excess and Cas. Management Corp. (on behalf of Members of Excess and Cas. Reinsurance Ass'n), and The Reinsurance Corp. of New York.

Mendes & Mount, New York City (Robert M. Mangino, Jr., Ronald R. Houdlett, of counsel), for respondents Underwriters and Underwriting Syndicates at Lloyd's and Foreign Companies Subscribing to Second Excess of Loss Reinsurance Contract No. R64939.

MEMORANDUM OPINION AND ORDER

HAIGHT, District Judge:

Following an award rendered at the conclusion of a consolidated arbitration, the prevailing insurance company petitions to confirm the award. Respondents, the two groups of reinsurers against whom the award was rendered, cross-move to vacate it. They contend that this Court's order of consolidation was improvidently made, requiring vacatur; and...

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