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MERIT INS. CO. v. LEATHERBY INS. CO.

No. 82-2885.

728 F.2d 943 (1984)

MERIT INSURANCE COMPANY, Plaintiff-Appellant, v. LEATHERBY INSURANCE COMPANY a/k/a Western Employers Insurance Company, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided February 28, 1984.

Attorney(s) appearing for the Case

Charles J. O'Laughlin, Jenner & Block, Robert A. Holstein, Holstein, Mack & Associates, Chicago, Ill., for plaintiff-appellant.

Mitchell S. Rieger, Schiff, Hardin & Waite, Chicago, Ill., for defendant-appellee.

Before CUMMINGS, Chief Judge, POSNER, Circuit Judge, and FAIRCHILD, Senior Circuit Judge.

PER CURIAM.

On December 1, 1980, a panel of arbitrators awarded Merit Insurance Company $10,675,000 in a dispute with Leatherby Insurance Company. The district judge confirmed this award by order of November 19, 1981, and incorporated in that order an award of interest on the $10,675,000 at the rate of 8 percent per annum from December 1, 1980. On September 2, 1982, however, on Leatherby's motion under Fed.R.Civ.P. 60(b), the district judge set aside the arbitrators...

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