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Galilea, LLC v. AGCS Marine Insurance Company, 19 CIVIL 5768 (VEC). (2019)

Court: District Court, S.D. New York Number: infdco20191217f40 Visitors: 5
Filed: Dec. 16, 2019
Latest Update: Dec. 16, 2019
Summary: JUDGMENT VALERIE E. CAPRONI , District Judge . It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated December 16, 2019, the Court finds that the arbitrators did not exceed their authority, did not display a manifest disregard of the law, and did not demonstrate partiality; Accordingly, the Petition to Vacate the Arbitration Award is denied; Respondents' Cross-Petition to Confirm the Arbitration Award is granted; as provided in the
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JUDGMENT

It is hereby ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated December 16, 2019, the Court finds that the arbitrators did not exceed their authority, did not display a manifest disregard of the law, and did not demonstrate partiality; Accordingly, the Petition to Vacate the Arbitration Award is denied; Respondents' Cross-Petition to Confirm the Arbitration Award is granted; as provided in the Final Award Petitioners are directed to pay $59,340 as reimbursement of fees and expenses associated with the arbitration proceeding; judgment is entered in favor of Respondents and this case is closed.

Source:  Leagle

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