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LLR: Insurance & Reinsurance

CONCORD REINSURANCE COMPANY LTD V CAJA NACIONAL DE AHORRO Y SEGURO

(1994) 3 Re LR 86

United States District Court Southern District of New York

Before District Judge John S Martin

Sovereign immunity - Jurisdiction - United States - Attachment to enforce arbitration award - Whether retrocessionaire was agency or instrumentality of Argentinean government - Whether immune from prejudgment attachment - Whether court had subject matter and personal jurisdiction - Whether retrocession agreement provision regarding communications was “special arrangement” - US Foreign Sovereign Immunities Act 28 USC sections 1603(b), 1608, 1611(b), 1610(d) - Convention on Recognition and Enforcement of Arbitration Awards.

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