Compania Chilena De Navegacion Interoceanica, S.A. v. Norton, Lilly & Co.
District Court, S.D. New York
1Opinion of the Court
WALKER, District Judge:
INTRODUCTION
Plaintiff Compañía Chilena De Navegación Interoceánica, S.A. (“CCNI”) moves to confirm a $48,000 arbitration award rendered October 16, 1986. Defendant Norton Lilly & Co., Inc. (“NL”) cross-moves to vacate this award, as well as an order requiring NL to post a bond of $123,000, which would fund any future arbitration orders entered against defendant. In the alternative, defendant moves to stay the enforcement of the $48,010 arbitration award.
STATEMENT OF FACTS
In September 1981, Plaintiff CCNI, a Chilean shipping corporation, entered into a contract under…
2Cases cited20 opinions
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- In Re I/s Stavborg (O. H. Meling, Manager) v. National Metal Converters, Inc.Court of Appeals for the Second Circuit · 1974
- Diapulse Corporation of America v. Carba, Ltd.Court of Appeals for the Second Circuit · 1980
- In the Matter of the Arbitration Between Reed & Martin, Inc., D/B/A International Constructors, Appellant-Respondent, and Westinghouse Electric Corporation, Appellee-PetitionerCourt of Appeals for the Second Circuit · 1971
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