Sea Shipping Inc et al v. Half Moon Shipping, LLC
| Ocean Shipping Inc, Sea Shipping Inc and Mason Finance Corporation |
| Half Moon Shipping, LLC |
| Mason Finance Corporation, Sea Shipping Inc and Ocean Shipping Inc |
| Half Moon Shipping, LLC |
| 1:2011cv08152 |
| November 10, 2011 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| XX Out of State |
| Paul A. Engelmayer |
| Other Statutory Actions |
| 09 U.S.C. ยง 205 |
| None |
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Filing
17
OPINION & ORDER re: #101330 7 CROSS MOTION to Vacate Arbitration (International) Award filed by Half Moon Shipping, LLC. The arbitral panel identified three independent grounds for its award. The motion to vacate the award must be denied if any of those grounds can withstand legal challenge. Here, for the reasons set forth herein, the Court rejects Half Moon's claims, as to each of those three grounds, that the arbitral panel manifestly disregarded the law. Petitioners' motio n to confirm the arbitration award against Half Moon is therefore GRANTED. Half Moon's petition to vacate the award is DENIED. The Clerk of Court is directed to enter judgment for the Petitioners in the sum of $4,504,888, plus arbitrators' fees, plus interest accruing at the rates detailed in the arbitral award. The Clerk of Court is further directed to close this case. (Signed by Judge Paul A. Engelmayer on 1/26/2012) (mro) Modified on 1/26/2012 (jab).
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