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MITSUI & CO., LTD. v. OCEANTRAWL CORP.

No. 95 Civ. 8008 (MGC).

906 F.Supp. 202 (1995)

MITSUI & CO., LTD., Petitioner, v. OCEANTRAWL CORPORATION, Northern Eagle Partners, L.P., Northern Eagle, Inc., Oceancatch Corporation, Northern Jaeger Partners, L.P., Northern Jaeger, Inc., Oceanpack Corporation, Northern Hawk Partners, L.P., and Northern Hawk, Inc., Respondents.

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

November 29, 1995.

Attorney(s) appearing for the Case

Winthrop, Stimson, Putnam & Roberts by Sutton Keany, Steven R. Schindler, New York City, for Petitioner.

Reid & Priest by Gerald Aksen, New York City, for Respondents.

Bogle & Gates P.L.L.C. by Richard M. Clinton, Seattle, Washington, for Respondents.

CEDARBAUM, District Judge.

This is an action to confirm an arbitration award. In the underlying arbitration, Mitsui & Co., Ltd. asserted claims of breach of contract against respondents under three contracts. The arbitrators awarded Mitsui damages under one contract in the amount of 941,623,319 Japanese yen plus statutory interest calculated in yen and under a second contract in the amount of 1,175,963,134 yen plus statutory interest calculated in yen. After Mitsui...

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