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  5. 782 F.Supp. 848 (1991)
 

PETITION OF TRANSROL NAVEGACAO S.A.

No. 90 CIV. 7292 (KMW).

782 F.Supp. 848 (1991)

In the Matter of the Petition of TRANSROL NAVEGACAO S.A., Petitioner, and Redirekommanditselskaber Merc Scandia XXIX, Respondent, To Vacate or Modify an Award of Arbitrators, Redirekommanditselskaber Merc Scandia XXIX and River Plate Trading, Shipping and Salvage Corp.

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

December 11, 1991.

Attorney(s) appearing for the Case

John E. Greenwood, Maddy, Dalton & Lion, New York City, for petitioner.

Richard V. Singleton, II, Healy & Baillie, New York City, for respondent.

MEMORANDUM OPINION AND ORDER

KIMBA M. WOOD, District Judge.

On October 14, 1991, this Court issued an Order denying Petitioner's petition to vacate the arbitrator's award and granting Respondent's petition to confirm the award. This opinion states the reasons for that Order.

BACKGROUND

The events leading to this case involve three parties:1 Rederikommanditselskaber Merc Scandia XXIX ("Mercandia"), the Owner...

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