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PAN ATLANTIC GROUP, INC. v. REPUBLIC INS. CO.

No. 94 CIV. 7724 (DLC).

878 F.Supp. 630 (1995)

PAN ATLANTIC GROUP, INC., Plaintiff, v. REPUBLIC INSURANCE COMPANY, Defendant. REPUBLIC INSURANCE COMPANY, Petitioner, v. PAN ATLANTIC GROUP, INC., Pan Atlantic, Inc., U.S. Capital Insurance Company, Pan Atlantic Investors, Ltd., Aros Reinsurance Services, Inc., Goldstreet Syndicate Corporation, Pan Atlantic Underwriters Ltd., Pan Atlantic Reinsurance Company Limited, Pan Atlantic Insurance Company Limited, and Aros Reinsurance Services Limited, Respondents.

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

February 10, 1995.

Attorney(s) appearing for the Case

James D. McCarthy, Hughes & Luce, L.L.P., Dallas, TX and Louis M. Solomon, Stein, Zauderer, Ellenhorn, Frischer & Sharp, New York City, for plaintiffs-respondents.

Ellen Woodbury, William K. Perry, Chadbourne & Parke, New York City, for defendant-petitioner.

OPINION AND ORDER

COTE, District Judge:

Despite the obligation under an insurance syndicate's governing agreement to arbitrate disputes, certain members of the syndicate have for three years fiercely resisted arbitration and now, having lost before the arbitration panel, seek to avoid enforcement of the arbitration award through removal of long pending state court litigation to federal court. In brief, on October 25, 1994, plaintiff Pan Atlantic Group...

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