Court Construes Reinsurance Participation Agreement, Rejects Venue Objection, and Confirms Arbitration Award

Carlton Fields
Contact

O’Connell Landscape Maintenance, Inc. (O’Connell) and Applied Underwriters Captive Risk Assurance Co. (AUCRA) entered into a reinsurance participation agreement (RPA). After a dispute arose related to the agreement, the parties entered arbitration in California, which resulted in an award to AUCRA of $38,960 in attorney fees and $43,170.44 in costs. AUCRA petitioned a California federal district court to confirm the award, but O’Connell opposed the petition, arguing that the RPA selected Nebraska as the exclusive jurisdiction for enforcing the award. The court disagreed, finding that the RPA obligated only O’Connell to submit to the jurisdiction of Nebraska. The RPA did not designate Nebraska as the exclusive jurisdiction for AUCRA to seek enforcement of the award. The court rejected an additional argument by O’Connell regarding the service of the petition, and confirmed the award. O’Connell noticed its appeal on July 6, 2018. Applied Underwriters Captive Risk Assurance Co., Inc. v. O’Connell Landscape Maintenance, Inc., Case No. 18-cv-00683 (USDC C.D. Cal. June 25, 2018) (order) & (USDC C.D. Cal. July 6, 2018) (notice of appeal).

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Carlton Fields

Written by:

Carlton Fields
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Carlton Fields on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide