Certain Underwriting Members of Lloyds v. State Dep't of Fin. Serv., __ F.3d __ (2d Cir. June 8, 2018)
Jun 08, 2018OUTCOME: The Second Circuit vacated the district court judgment, and remanded the matter to the district court for further proceedings.
The U.S. Court of Appeals for the Second Circuit vacated a district court decision based on the alleged evident partiality of a party-appointed arbitration sitting on a three-member reinsurance arbitra ... tion panel. In doing so the Second Circuit, in a case of first impression, set the evident partiality standard applicable to party-appointed arbitrators on industry tripartite arbitration panels. Loree & Loree represented the appellant, who prevailed on the appeal. See https://loreelawfirm.com/blog/second-circuit-sets-evident-partiality-standard-for-party-appointed-arbitrators-on-industry-tripartite-arbitration-panels/
