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FAIRCHILD CORP. v. ALCOA, INC.

No. 07 Civ. 6185.

510 F.Supp.2d 280 (2007)

The FAIRCHILD CORPORATION, Plaintiff, v. ALCOA, INC., Defendant.

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

September 17, 2007.

Attorney(s) appearing for the Case

Adam Nelson Zurofsky, Andrew Gordon Ross Madar, Cahill Gordon & Reindel LLP, New York, NY, Tammy Lynn Roy, Cahill Gordon Et Ano., New York, NY, for Plaintiff.

Evan R. Chesler, Cravath, Swaine & Moore LLP, New York, NY, for Defendant.

DECISION AND ORDER

VICTOR MARRERO, District Judge.

Petitioner The Fairchild Corporation ("Fairchild") brought this action seeking to vacate, or to reduce by certain tax offsets, an award granted to respondent Alcoa Inc. ("Alcoa") in an arbitration proceeding. Alcoa cross-moves to confirm the award in its entirety. For the reasons discussed below, Fairchild's petition is DENIED and Alcoa's cross-petition is GRANTED.

I. BACKGROUND

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