Philadelphia Electric Co. v. Nuclear Electric Insurance
District Court, S.D. New York
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
SPRIZZO, District Judge.
Petitioner, Philadelphia Electric Company (“PECO”), moves to vacate an arbitration award issued on January 19, 1993 (the “Award”) in favor of Respondent, Nuclear Electric Insurance Limited (“NEIL”), by an arbitration panel agreed upon by the parties. For the reasons that follow, PECO’s motion to vacate is denied.
BACKGROUND
This litigation arises out of a dispute between PECO, a utility that owns and operates nuclear power plants, and NEIL, a mutual insurance company owned by its member insureds, including PECO, over insurance coverage under…
2Cases cited19 opinions
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- In the Matter of the Arbitration Between Andros Compania Maritima, S.A., as Disponent Owners of the Kissavos, and Marc Rich & Co., A.G., as CharterersCourt of Appeals for the Second Circuit · 1978
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Jack BobkerCourt of Appeals for the Second Circuit · 1986
- Nationwide General Insurance v. Investors Insurance Co. of AmericaNew York Court of Appeals · 1975
- In the Matter of the New York Stock Exchange Arbitration Between, Fahnestock & Co., Inc., Cross-Appellee v. Joseph J. Waltman, Cross-AppellantCourt of Appeals for the Second Circuit · 1991
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