Reliastar Life Insurance v. EMC National Life Co.
Court of Appeals for the Second Circuit
1Opinion of the Court
REENA RAGGI, Circuit Judge:
On this appeal, we consider whether parties’ inclusion in an arbitration agreement of a general statement that each will bear the expenses of its own arbitrator and its own attorneys deprives the arbitration panel of authority to award such expenses as a sanction against a party whom the panel determines failed to arbitrate in good faith. We conclude that it does not and, accordingly, reverse the judgment of the United States District Court for the Southern District of New York (Lewis A. Kaplan, Judge), entered on February 14, 2007, insofar as it vacated that part…
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