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CHEMICAL OVERSEAS HOLDINGS v. REPUBLICA ORIENTAL DEL URUGUAY

No. 05 Civ. 260(GEL).

371 F.Supp.2d 400 (2005)

CHEMICAL OVERSEAS HOLDINGS, INC., Credit Suisse First Boston, and Dresdner Bank Lateinamerika Ag, Petitioners, v. REPUBLICA ORIENTAL DEL URUGUAY, Respondent.

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

March 25, 2005.

Attorney(s) appearing for the Case

Louis B. Kimmelman, Dana C. MacGrath, Marissa Mole, O'Melveny & Myers LLP, New York, New York for Petitioners Chemical Overseas Holdings, Inc., Credit Suisse First Boston, and Dresdner Bank Lateinamerika AG.

John W. Nields, Jr., Laura S. Shores, Howrey Simon Arnold & White LLP, Washington, D.C. for Respondent Republica Oriental del Uruguay.

OPINION AND ORDER

LYNCH, District Judge.

On December 31, 2004, a distinguished panel of international arbitrators unanimously entered an award in favor of petitioner financial institutions and against respondent, the Republic of Uruguay. In this action, petitioners seek confirmation of the arbitration award and judgment thereon, as well as interest and attorneys' fees, pursuant to the Federal Arbitration Act, 9 U.S.C. § 207. The petition will be granted...

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