We represented XM Satellite Radio in a major international arbitration involving insurance coverage for XM's two primary broadcast satellites, which had lost power at an accelerated rate because of a design flaw. The arbitration hearings were held in Washington D.C. before a panel of three arbitrators, and the amount in dispute was $117.6 million. We were successful in proving that both satellites had suffered a "constructive total loss," which was hotly disputed. The finding that the satellites had suffered a constructive total loss enhanced the value of settlements with other carriers which were not involved in the arbitration.