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LLR: Insurance & Reinsurance

UNITED STATES FIRE INSURANCE COMPANY ET AL V KOREA FOREIGN INSURANCE COMPANY

(1993) 2 Re LR 189

United States District Court Northern District of Illinois Eastern Division

Before Judge Suzanne B Conlon

Arbitration - United States - Default judgment - Foreign insurance company not appearing at arbitration - Award against company confirmed by default judgment - Motion by company to set aside default judgment on grounds that failure to come forward earlier was “mistake” or “excusable neglect” and that it had meritorious defense.

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