Legal Opinion
Employers Ins. of Wausau v. Banco Seguros Del Estado
District Court, E.D. Wisconsin
Decided January 5, 1999No. 98-C-0521-CPublishedCited by 2 opinions
1Opinion of the Court
OPINION AND ORDER
CRABB, District Judge.
This case involves a dispute over reinsurance “treaties” petitioner Employers Insurance of Wausau acquired at Lloyd’s of .London. The treaties obligated the underwriters (or Retrocessionaires) to reimburse petitioner for certain types of claims made upon it. The Retrocessionaires denied that they were bound under the treaties to reimburse petitioner for certain asbestos-related losses. To settle the dispute, petitioner invoked the treaties’ arbitration clause. It won, obtaining an award against the Retrocessionaires for more than $7,000,000 together with…
2Cases cited11 opinions
- Mullane v. Central Hanover Bank & Trust Co.Supreme Court of the United States · 1950
- Argentine Republic v. Amerada Hess Shipping Corp.Supreme Court of the United States · 1989
- In the Matter of Amoco Petroleum Additives Company and Buck Isbell, in the Matter of Robin A.G. Jackson, an Underwriter at Lloyd's, LondonCourt of Appeals for the Seventh Circuit · 1992
- Imperial Ethiopian Government v. Baruch-Foster CorporationCourt of Appeals for the Fifth Circuit · 1976
- In Re the Arbitration Between Trans Chemical Ltd. & China National MacHiney Import & Export Corp.District Court, S.D. Texas · 1997
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3Cited by2 opinions
- Banco De Seguros Del Estado v. Mutual Marine Offices, Inc.District Court, S.D. New York · 2002
- First State Insurance Company v. Banco De Seguros Del EstadoCourt of Appeals for the First Circuit · 2001