This dispute arises out of litigation brought against the first Claimant, the Loewen Group, Inc (‘TLGI’) and Loewen Group International, Inc (‘LGII’), its principal United States subsidiary, in Mississippi State Court by Jeremiah O'Keefe Sr., his son and various companies owned by the O'Keefe family (collectively called ‘O'Keefe’). The litigation arose out of a commercial dispute between O'Keefe and the Loewen companies which are competitors in the funeral home and funeral insurance business in Mississippi. The dispute concerned three contracts between O'Keefe and the Loewen companies said to be valued by O'Keefe at $980,000 and an exchange of two O'Keefe funeral homes said to be worth $2.5 million for a Loewen insurance company worth $4 million approximately.