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BANCO DE SEGUROS DEL ESTADO v. MUT. MARINE OFFICES

No. 02 Civ. 467 (SAS).

230 F.Supp.2d 362 (2002)

BANCO DE SEGUROS DEL ESTADO, Petitioner, v. MUTUAL MARINE OFFICES, INC., Respondent.

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

August 6, 2002.

Attorney(s) appearing for the Case

Jorge W. Moreira, The Moreira Law Firm, P.C., New York, NY, for Petitioner.

Daniel Hargraves, Andrew Costigan, Hargraves McConnell & Costigan, P.C., New York, NY, for Respondent.

OPINION AND ORDER

SCHEINDLIN, District Judge.

On February 27, 2001, Mutual Marine Offices, Inc. ("MMO") commenced an arbitration against Banco de Seguros Del Estado ("Banco"), one of its reinsurers, claiming that Banco failed to comply with its contractual obligations under the Casualty Umbrella Liability Quota Share Treaty (the "Umbrella Agreement"). On November 26, 2001, an arbitration panel (the ...

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