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Odyssey Reinsurance Co. v. Certain Underwriters at Lloyd's London Syndicate 53

United States District Court, S.D. New York

June 30, 2014

ODYSSEY REINSURANCE COMPANY, Petitioner,
v.
CERTAIN UNDERWRITERS AT LLOYD'S LONDON SYNDICATE 53 and RELIASTAR REINSURANCE GROUP (DK), a division of RELIASTAR LIFE INSURANCE COMPANY, Respondents.

OPINION & ORDER

PAUL A. CROTTY, District Judge.

Petitioner Odyssey Reinsurance Group ("Odyssey") petitions the Court to appoint an arbitration umpire to serve in Odyssey's arbitration with Respondents, Certain Underwriters of Lloyd's of London Syndicate 53 and Reliastar Reinsurance Group (DK), a division of Reliastar Life Insurance Company ("Reliastar") (collectively, "Respondents"), over a disputed claim for reinsurance made by Odyssey. (Petition for Order Appointing Arbitration Umpire ("Petition") at 1.) There is no need to recount the difficulties or to assess blame for the delays in finalizing the appointments prior to the commencement of arbitration. There has not been a breakdown in the process that justifies court intervention. Respondents have now made their three appointments (Richard Appel, Denis Loring, and Dirk Turley)[1] and Odyssey has as well (Anthony Vidovich, David Bradford, and Glenn Frankel). Accordingly, the parties should proceed to the next stage of arbitrator selection as described in the Retro Agreements.

CONCLUSION

Odyssey's petition is denied. The Clerk of Court is directed to enter judgment and close this case.

SO ORDERED.


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