In re the Arbitration between Livingston & Cheney-Frantex, Longford-Weavers, Inc.
Opinion
The award is invalid as to Mayar Silk Mills, Inc., not a party to. the contract or the arbitration proceeding. (Matter of Brescia Constr. Co. v. Walart Constr. Co., 264 N. Y. 260.) Moreover, the award is not mutual, final and definite (Civ. Prac. Act, § 1462, subd. 4) in that it fails to state the amount of damages or the basis for computation thereof. (Meyer v. Merritt, 7 A D 2d 917; Matter of Albert J. Pfeiffer, Inc. [Largman, Gray Co.], 22-2 App. Div. 62.) Concur — Botein, P. J., Rabin, McNally, Eager and Bastow, JJ.
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14 A.D.2d 518 (In re the Arbitration between Livingston & Cheney-Frantex, Longford-Weavers, Inc.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.