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BANCO DE SANTANDER CEN. HISPANO v. CONSALVI INTN.

No. 05 Civ. 9904(PAC).

425 F.Supp.2d 421 (2006)

BANCO DE SANTANDER CENTRAL HISPANO, S.A., Plaintiff, v. CONSALVI INTERNATIONAL INC., Defendant.

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

March 30, 2006.

Attorney(s) appearing for the Case

Ronald S. Rolfe, Cravath, Swaine & Moore LLP, New York City, for Plaintiff.

Joel B. Harris, Oliver J. Armas, Thacher Profitt and Wood LLP (Two World Fin. Ctr.), New York City, for Defendant.

MEMORANDUM DECISION AND ORDER

CROTTY, District Judge.

On November 4, 2005, Banco De Santander Central Hispano, S.A. ("Banco") instituted an action in New York Supreme Court, pursuant to the Federal Arbitration Act ("FAA"), 9 U.S.C. § 10, to vacate an arbitration award, on the grounds that the arbitrators acted in manifest disregard of the law. On November 23, 2005, Consalvi International Inc. ("Consalvi") filed a petition to remove the state...

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