Aegean (Shipbrokers) Ltd. v. Henriksen's Rederi A/S

ALDRICH, District Judge.

This libel was brought to compel arbitration of a claim for damages allegedly owed petitioner as charterer of respondent’s vessel Brede shortly after the conclusion of the charter. The vessel was attached, and released on stipulation. Respondent is a foreign corporation and had to post collateral before it could obtain a bond. After a hearing the arbitrators rejected all of petitioner’s claims, and finding that petitioner had wrongfully withheld certain sums, awarded them to respondent. Respondent now seeks to confirm the award and to include in the final decree…