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WASHBURN v. CORCORAN

No. 85 Civ. 2674 (PNL).

643 F.Supp. 554 (1986)

John E. WASHBURN, Director of Insurance of the State of Illinois, as Rehabilitator of Optimum Insurance Company of Illinois, Petitioner, v. James P. CORCORAN, Superintendent of Insurance of the State of New York, as Liquidator of Ideal Mutual Insurance Company, Respondent.

United States District Court, S.D. New York.

September 15, 1986.

Attorney(s) appearing for the Case

Friedman & Koven, Chicago, Ill., Phillips, Nizer, Benjamin, Krim & Ballon, New York City, for petitioner.

Cahill Gordon & Reindel, New York City, for respondent.

OPINION AND ORDER

LEVAL, District Judge.

This action involves a conflict between the Federal Arbitration Act, 9 U.S.C. § 1 et seq. (1976), and the McCarran-Ferguson Act, 15 U.S.C. § 1011, et seq. (1982). The action is brought by the Illinois Director of Insurance, as Rehabilitator of Optimum Insurance Company of Illinois, against the New York State Superintendent of Insurance, as Liquidator of Ideal Mutual Insurance Company. The action...

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