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AMERICAN LIFE INS. CO. v. PARRA

No. Civ.A. 98-401-RRM.

63 F.Supp.2d 480 (1999)

AMERICAN LIFE INSURANCE COMPANY, Plaintiff, v. Carlos D. PARRA; ASIAT, S.A.; and The Parkway Corporation, Defendants.

United States District Court, D. Delaware.

October 14, 1999.

Attorney(s) appearing for the Case

Lawrence C. Ashby, Stephen E. Jenkins, Regina A. Iorii, Ashby & Geddes, Wilmington, Delaware; Stuart A. Krause, Zeichner, Ellman & Krause, New York City; Michael T. Sullivan, Marc A. Lebowitz, Piliero Goldstein Jenkins & Hall, New York City, for plaintiff.

Norman L. Pernick, Michael F. Bonkowski, Mark Minuti, Saul, Ewing, Remick & Saul, Wilmington, Delaware; Hector Torres, Harold G. Levison, Cindy Caranella Kelly, Kasowitz, Benson, Torres & Friedman LLP, New York City, for defendants.

OPINION

McKELVIE, District Judge.

This is a contract case. Plaintiff, American Life Insurance Company ("ALICO"), is a Delaware corporation. Defendants, Carlos D. Parra, ASIAT, S.A. and The Parkway Corporation, are former ALICO agents. Parra is a citizen of the Republic of Argentina. ASIAT and Parkway are corporations organized under the laws of the Republic of Uruguay.

On July 31, 1996, Parra and ASIAT initiated an arbitration proceeding against...

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