John E. Washburn, Director of Insurance for the State of Illinois, and Liquidator of Reserve Insurance Company v. Societe Commerciale De Reassurance

CUMMINGS, Circuit Judge.

The Supreme Court recently held that actions brought under the Racketeer Influenced and Corrupt Organizations Act, 18 U.S.C. §§ 1961-1968 (“RICO”), can be subject to arbitration if an agreement so pro vides. See Shearson/American Express, Inc. v. McMahon, — U.S.-, 107 S.Ct. 2332, 96 L.Ed.2d 185 (1987). The issue in this appeal is whether the arbitration agreement that the parties entered into so provides. The district court held that the agreement did not, reasoning that the arbitration agreement between the plaintiff Reserve Insurance Company (“Reserve”), represented…