Editor, Mealey's Litigation Reports: Reinsurance and Insurance Insolvency

Across the pond, the English Court of Appeal affirmed that only English courts may review an arbitration award rendered in London.

The two-judge panel, led by Lord Justice Longmore ruled that because the parties chose England as the seat of arbitration, all mandatory provisions of the English Arbitration Act apply.

The panel explained that although New York law governs the reinsurance policy, this does not void the final and binding effect of the arbitration award under English law.  C v. D, No.1282, English App.