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SUMITOMO CORP. v. PARAKOPI COMPANIA MARITIMA

No. 79 Civ. 3961 (HFW).

477 F.Supp. 737 (1979)

In the Matter of the Arbitration between SUMITOMO CORPORATION, and Oshima Shipbuilding Co., Ltd., Petitioners, v. PARAKOPI COMPANIA MARITIMA, S.A., Respondent.

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

October 12, 1979.

Attorney(s) appearing for the Case

Reid & Priest, New York City, for petitioners by Charles F. Schirmeister, John M. Nonna, New York City, of counsel.

Cardillo & Corbett, New York City, for respondent by Robert V. Corbett, Tulio R. Prieto, New York City, of counsel.

OPINION

WERKER, District Judge.

Petitioners Sumitomo Corporation ("Sumitomo") and Oshima Shipbuilding Co., Ltd. ("Oshima") commenced this action against respondent Parakopi Compania Maritima, S.A. ("Parakopi") for an order compelling Parakopi to proceed to arbitration and appointing a third arbitrator.

BACKGROUND

The principal facts are not in dispute.

Sumitomo and Oshima are corporations organized and existing under the laws of...

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