In Re the Arbitration Between Nuclear Electric Insurance Ltd. & Central Power & Light Co.

OPINION

STEIN, District Judge:

This matter is before this Court on the petition of Nuclear Electric Insurance Limited (“NEIL”) (1) to compel respondent Central Power and Light (“CPL”) to arbitrate, pursuant to the Federal Arbitration Act, 9 U.S.C. § 4, all of CPL’s claims that CPL has asserted against NEIL in an action filed in the state courts of Texas, and (2) to stay the pending Texas state court proceedings pending final disposition of the arbitration. Pursuant to an order to show cause signed on April 18,1996, this matter was heard on May 17, 1996. For the following reasons, the petition…