Award of Attorney's Fees to Lloyd's Confirmed by Federal Judge

CHICAGO - Arbitrators did not exceed their authority in ordering Argonaut Insurance Co. to pay attorneys' fees incurred by Certain Underwriters at Lloyd's London in related litigation regarding the constitution of the arbitration panel, an Illinois federal judge has ruled. Certain Underwriters at Lloyd's London v. Argonaut Insurance Co., No. 04-5852 (N.D. Ill.).

Judge Rebecca R. Pallmeyer of the U.S. District Court for the Northern District of Illinois ruled Sept. 24 that the court's earlier decision not to impose sanctions against Argonaut did not preclude the arbitrators from ordering the insurer to pay attorney's fees. Nothing in the award of …