03Sep
SDNY Finds Insurer, As Subrogee, Lacked Authority to Enforce Arbitration Clause in Fuel Delivery Contract
The Southern District of New York declared that plaintiff Monjasa A/S was not bound by an arbitration agreement to which neither it nor the defendant was a party. The case stems from a fuel delivery contract between two non-parties, Monjasa Lda and Angola de Navegacao Lda (ANNA). The contract called for Monjasa Lda to supply fuel to a ship known as the BBC Scotland. Monjasa Lda and the plaintiff are wholly separate subsidiaries of Monjasa Group. The defendant underwrote an insurance policy...
By:
Carlton Fields
Source Url: https://www.jdsupra.com/legalnews/sdny-finds-insurer-as-subrogee-lacked-70099/
Related
As previously covered here, the California Legislature has long been searching for a way to prevent ...
Read More >
Processing delays for immigration cases have increased by 46 percent in the past two fiscal years an...
Read More >
What can we really say about 2020?—a year more unique than any year we can remember. For financial ...
Read More >
As you no doubt have heard, the United States Department of Labor recently announced changes to fede...
Read More >
In the first two parts of this series on best practices in protecting trade secrets, we addressed ri...
Read More >
The final Vertical Merger Guidelines issued on June 30, 2020 provide guidance to the business and le...
Read More >