Federal Court Allows Sealing Of A Petition Seeking Confirmation Of Arbitral Award

Carlton Fields
Contact

On August 14, 2015, a federal district court in New York entered an order allowing a petition to confirm an arbitration award to be filed in redacted form with the arbitration award to be filed under seal. The case is pending between the Century Indemnity Company and the Global Reinsurance Corporation, U.S. Branch. The underlying arbitral award deals with a reinsurance dispute relating to underlying policies issued by Century to Caterpillar Tractor Company during the late 1960s and early 1970s and claims under the policies for asbestos products personal injury lawsuits. According to Century’s Petition, Century and Global had an agreement that certain arbitration information be kept confidential. The most recent arbitration award confirmation is part of ongoing claims between Century and Global on reinsurance policies to underlying policies to manufacturers such as Caterpillar for ongoing underlying claims, such as the asbestos claims here. We most recently reported on these cases on July 21, 2015. Century Indemnity Co. v. Global Reinsurance Corp. of America, Case No. 15-cv-6426 (USDC S.D.N.Y. Aug. 14, 2015).

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Carlton Fields | Attorney Advertising

Written by:

Carlton Fields
Contact
more
less

Carlton Fields on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide