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RESULT SHIPPING v. FERRUZZI TRADING USA

No. 1474, Docket 94-7955.

56 F.3d 394 (1995)

RESULT SHIPPING CO., LTD., Plaintiff-Appellee, v. FERRUZZI TRADING USA INC., Defendant-Appellant.

United States Court of Appeals, Second Circuit.

Decided May 25, 1995.

Attorney(s) appearing for the Case

David A. Botwinik, New York City (Steven Skulnik, Debra J. Guzov, Pavia & Harcourt, on the brief), for defendant-appellant.

Peter Skoufalos, Skoufalos & Proios, New York City, for plaintiff-appellee.

Before: NEWMAN, Chief Judge, WINTER and MAHONEY, Circuit Judges.

JON O. NEWMAN, Chief Judge:

This appeal concerns the scope of the District Court's discretion in deciding whether to grant security and/or countersecurity to a defendant-counterclaimant in an admiralty proceeding brought in aid of arbitration. The issue arises on an appeal by defendant Ferruzzi Trading USA Inc. ("Ferruzzi") from an order entered on August 24, 1994, by the United States District Court for the District of Connecticut (Alan H. Nevas, Judge). Plaintiff...

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