Case Study: Fantastic Sams V. FSRO Association

Law360, New York (September 27, 2012, 1:46 PM EDT) -- Reinsurance disputes are commonly resolved through arbitration, which is a very flexible form of dispute resolution. That flexibility allows contracting parties not only to identify the kind of dispute that will be submitted to arbitration but also to choose their preferred form of arbitration.

The First Circuit Court of Appeals recently addressed two forms of arbitration available to resolve disputes between ceding companies and their reinsurers —- bilateral arbitration and multiparty arbitration. See Fantastic Sams Franchise Corp. v. FSRO Assoc. Ltd., 683 F.3d 18 (1st Cir....
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