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SELCKE v. NEW ENGLAND INS. CO.

No. 92-3768.

995 F.2d 688 (1993)

Stephen F. SELCKE, Director of Insurance of the State of Illinois, as Rehabilitator of Centaur Insurance Company, Plaintiff-Appellee, v. NEW ENGLAND INSURANCE COMPANY, formerly known as New England Reinsurance Corporation, Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided June 3, 1993.

Attorney(s) appearing for the Case

David C. Roston, John W. Morrison (argued), William K. Myatt, Emily Solberg, Altheimer & Gray, Chicago, IL, for plaintiff-appellee.

James I. Rubin, Robert N. Hermes, Samuel W. Ach (argued), Butler, Rubin, Newcomer, Saltarelli, Boyd & Krasnow, Chicago, IL, for defendant-appellant.

Before CUDAHY and POSNER, Circuit Judges, and ESCHBACH, Senior Circuit Judge.

POSNER, Circuit Judge.

The New England Reinsurance Company (NERCO) appeals under 9 U.S.C. § 16(a)(1)(A) from the denial of its motion to stay, pending arbitration, a diversity suit for breach of contract brought against it by the rehabilitator of an insolvent insurance company named Centaur. Centaur claims that NERCO owes it more than $4 million under four reinsurance contracts. NERCO admits owing most of this amount to Centaur but claims that Centaur owes it...

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