Legal Opinion
In Re Worldcom, Inc.
United States Bankruptcy Court, S.D. New York
Decided April 17, 2006No. 19-10706PublishedCited by 2 opinions
1Opinion of the Court
OPINION DENYING DEBTORS’ OBJECTION TO TELESERVE SYSTEMS, INC.’S PROOF OF CLAIM NO. 9449
ARTHUR J. GONZALEZ, Bankruptcy Judge.
Teleserve Systems, Inc., (“TSI”) filed a proof of claim based on an arbitration award. The Debtors (interchangeably “MCI,” ‘WorldCom” or “the Debtors”) object and request the Court to reduce the award, arguing that the arbitrators miscalculated it. A federal court’s review of an arbitral award is “highly constrained.” Wallace v. Buttar, 378 F.3d 182, 183 (2d Cir.2004). Under this strict standard, the Debtors’ objection is denied.
JURISDICTION
The Court has subject matter…
2Cases cited16 opinions
- DiRussa v. Dean Witter Reynolds Inc.Court of Appeals for the Second Circuit · 1997
- Duferco International Steel Trading v. T. Klaveness Shipping A/sCourt of Appeals for the Second Circuit · 2003
- 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
- Westerbeke Corporation v. Daihatsu Motor Co., Ltd.Court of Appeals for the Second Circuit · 2002
- Apex Plumbing Supply, Incorporated Harold Falchick v. U.S. Supply Company, IncorporatedCourt of Appeals for the Fourth Circuit · 1998
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3Cited by2 opinions
- Cody Farms, Inc. v. Deerman (In re Deerman)United States Bankruptcy Court, D. New Mexico · 2012
- In Re Worldcom, Inc.United States Bankruptcy Court, S.D. New York · 2006