UNIONAMERICA INS. CO. v. ALLSTATE INSURANCE CO.

No. 03 C 7400.

302 F.Supp.2d 865 (2004)

UNIONAMERICA INS. CO., LTD., CX Reinsurance Co., Ltd., Continental Insurance Co. of New York, Stronghold Insurance Co., Ltd., Highlands Insurance Co. (UK), Ltd., and American Home Assurance Co. UK, Ltd. Plaintiffs, v. ALLSTATE INSURANCE CO., Defendant.

United States District Court, N.D. Illinois, Eastern Division.

January 15, 2004.


Attorney(s) appearing for the Case

Terrence Patrick Canade, Robert A. Knuti, Ryan Michael Opria, Ernesto R. Palomo, Lord, Bissell & Brook LLP, Chicago, IL, for Plaintiffs.

Harry P. Cohen, Kenneth R. Pierce, Cadwalader, Wickersham and Taft, New York City, Neal R. Novak, Reid J. Rozen, Law Office of Neal R. Novak, Ltd., Chicago, IL, for Defendant.


MEMORANDUM OPINION AND ORDER

BUCKLO, District Judge.

From 1976 through 1983, plaintiffs, six British insurance companies, were parties to eight reinsurance agreements ("treaties") with Allstate Insurance Company ("Allstate"), an Illinois corporation, protecting Allstate against certain losses. Each of the treaties contained an arbitration clause holding that any dispute between the parties would be resolved via final and binding arbitration before...

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