Opinion by Judge BOOCHEVER.
Dissent by Judge REINHARDT.
BOOCHEVER, Circuit Judge:
Unigard Security Insurance Company ("Unigard") appeals the district court order confirming an arbitration award entered in proceedings between it and appellees, Michigan Mutual Insurance Company, et al. ("Retrocessionaires"). Unigard claims that the part of the award setting forth conditions precedent to the Retrocessionaires' obligation to reimburse Unigard should be...
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