Participating Companies in Servicemembers' and Veterans' Group Life ...

4195 users shared this document! click

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE AMERICAN LIFE INSURANCE
COMPANY, Plaintiff/Respondent, v. CARLOS D. PARRA, ASIAT, S.A. and
THE PARKWAY CORPORATION, Defendants/Petitioners. )
)
)
)
)
)
)
)
)
)
) Civil Action No. 98-401-KAJ MEMORANDUM OPINION Stephen E. Jenkins, Esquire; Regina A. Iorii, Esquire; and Joseph C. Handlon, Esquire;
Ashby & Geddes; Wilmington Delaware; counsel for American Life Insurance Company. Of Counsel: Michael T. Sullivan, Esquire; and Marc A. Lebowitz, Esquire; Sullivan & Worcester, LLP; New York, New York. Mark Minuiti, Esquire; and Saul Ewing LLP; Wilmington, Delaware; counsel for Carlos D.
Parra; ASSIAT, S.A.; and The Parkway Corporation. Of Counsel:Hector Torres, Esquire; Harold G. Levinson, Esquire; and Cindy Caranella Kelly, Esquire; Kasowitz, Benson, Torres & Friedman; New York, New York. Wilmington, Delaware
July 2, 2003 -2- JORDAN, District Judge I. INTRODUCTION Petitioners and defendants Carlos D. Parra (Parra), an Argentine citizen, and ASIAT, S.A. (ASIAT), a Uruguayan corporation, (collectively Parra) move the Court to modify or vacate in part and then confirm an arbitration award arising from a contractual dispute with respondent and plaintiff American Life Insurance Company (ALICO), a Delaware corporation. (Docket Item D.I. 252.) ALICO opposes the motion and cross- moves to vacate the arbitration award or, alternatively, to modify it to effectuate an Order of the Court dated February 25, 2002. (D.I. 256.) Defendant The Parkway Corporation was not a party to the arbitration award giving rise to the motions currently before the Court. The arbitration award at issue is dated May 24, 2002. (D.I. 245, Torres Aff., Ex. C at 17.) It is governed by the Inter-American Convention on International Commercial Arbitration (known popularly as the Panama Convention), opened for signature Jan. 30, 1975, 104 Stat. 448, 14 I.L.M. 336, as implemented by Chapter 3 of the Federal Arbitration Act (FAA), 9 U.S.C.

Comments