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P.M.I. TRADING, LTD. v. FARSTAD OIL, INC.

No. 00 CIV. 7120(RLC).

160 F.Supp.2d 613 (2001)

In the Matter of the Arbitration Between P.M.I. TRADING LIMITED Petitioner, v. FARSTAD OIL, INC., Respondent.

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

April 10, 2001.

Attorney(s) appearing for the Case

Haight, Gardner, Holland & Knight, A Law Office of Holland & Knight LLP, New York City, Marisa Marinelli, Francesca Morris, Of Counsel, for Petitioner.

Storch, Amini & Munves, P.C., New York City, Steven G. Storch, Of Counsel, for Respondent.

OPINION

ROBERT L. CARTER, District Judge.

BACKGROUND

On January 11, 2001, the court issued an order confirming an arbitration award in favor of Petitioner P.M.I. Trading Limited ("PMI") and ordered Respondent Farstad Oil, Inc. ("Farstad"), to pay $628,515.78 plus interest. Farstad was also ordered to pay $2500 in administrative fees awarded by the arbitration panel, and to reimburse PMI for its costs and fees incurred in bringing the petition to...

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