In Re the Arbitration Between Neirs-Folkes, Inc. & Drake Insurance
This text of 425 N.E.2d 875 (In Re the Arbitration Between Neirs-Folkes, Inc. & Drake Insurance) is published on Counsel Stack Legal Research, covering New York Court of Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
OPINION OF THE COURT
Memorandum.
The order of the Appellate Division should be affirmed, with costs.
On this record, it is unnecessary to reach appellant’s argument that it would violate public policy to uphold the award of damages because petitioner was not licensed to act as an insurance agent in New York. The licensing issue was raised before the arbitration panel, and whether petitioner had indeed acted as an insurance agent in the State was a question for that tribunal to resolve. As evidenced by the dissenting arbitrator’s opinion, the majority of the arbitrators must have considered the question and determined that petitioner had not acted as an insurance agent in this State. This court may not now review that determination for legal or factual error.
Chief Judge Cooke and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Meyer concur.
Order affirmed, with costs, in a memorandum.
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Cite This Page — Counsel Stack
425 N.E.2d 875, 53 N.Y.2d 1038, 442 N.Y.S.2d 487, 1981 N.Y. LEXIS 2563, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-the-arbitration-between-neirs-folkes-inc-drake-insurance-ny-1981.