Successfully represented a life insurer in a dispute with its reinsurer in which the reinsurer sought to terminate two reinsurance agreements covering cancer insurance business written by our client. Following a two-week hearing, the arbitration panel issued an interim award upholding the agreements and ordering the reinsurer to pay all outstanding balances plus all amounts due thereafter in accordance with the agreements. The panel also ordered the reinsurer to reimburse our client for its attorneys fees, the fees of its arbitrator and all costs incurred during the arbitration. The reinsurer moved to vacate the portion of the award relating to fees and costs on the grounds that the language of the agreements precluded the award. Although the United States District Court (S.D.N.Y) initially granted the motion, the Second Circuit Court of Appeals reversed, finding that it was within a Panel's authority to award attorneys' and arbitrator's fees where, as here, the award was issued as a sanction for the lack of good faith demonstrated by the reinsurer in the arbitration process.