Paine Webber, Inc. v. Estate of Ladd
This text of 214 A.D.2d 461 (Paine Webber, Inc. v. Estate of Ladd) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Judgment, Supreme Court, New York County (Jane Solomon, J.), entered on or about October 26, 1994, which, insofar as appealed from, denied the petition to permanently stay arbitration, unanimously affirmed, with costs.
While petitioner argues that respondent is bound to arbitrate its dispute before the National Association of Security Dealers, Inc. (the securities exchange where the respondent initially chose to bring its claims before it entered into the stipulation with petitioner withdrawing that submission "in its entirety and without prejudice”), since the stipulation restored the parties to the status quo ante, respondent was free to make a second demand for arbitration under the rules of any of the other exchanges enumerated in the pre-dispute agreement. Concur—Sullivan J. P., Ellerin, Wallach, Asch and Williams, JJ.
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Cite This Page — Counsel Stack
214 A.D.2d 461, 625 N.Y.S.2d 900, Counsel Stack Legal Research, https://law.counselstack.com/opinion/paine-webber-inc-v-estate-of-ladd-nyappdiv-1995.