Salmanson v. Tucker Anthony Inc.

216 A.D.2d 302, 628 N.Y.S.2d 161, 1995 N.Y. App. Div. LEXIS 5922

This text of 216 A.D.2d 302 (Salmanson v. Tucker Anthony Inc.) 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.

Bluebook
Salmanson v. Tucker Anthony Inc., 216 A.D.2d 302, 628 N.Y.S.2d 161, 1995 N.Y. App. Div. LEXIS 5922 (N.Y. Ct. App. 1995).

Opinion

In [303]*303a proceeding pursuant to CPLR 7503 (b) to stay the arbitration of a controversy between the parties, Tucker Anthony Incorporated appeals from a judgment of the Supreme Court, Nassau County (Robbins, J.), entered September 10, 1993, which granted the petition.

Ordered that the judgment is affirmed, with costs.

The petitioner is a former registered securities representative and vice-president of the appellant. After a former client of the petitioner and the appellant received an arbitration award against the petitioner and the appellant, the petitioner brought an action against the appellant, inter alia, to recover damages for the alleged breach of a "Joint Defense Agreement” between the petitioner and the appellant. The appellant sought to compel the petitioner to arbitrate the controversy between them, and the petitioner brought the instant proceeding to stay the arbitration.

There are no material differences between the facts and issues raised herein, in which the Supreme Court granted the petition to stay the arbitration and the facts and issues in the companion appeal, in which the Supreme Court, inter alia, denied the appellant’s motion to compel arbitration of the causes of action raised in the petitioner’s complaint in that case. Therefore, we find that the stay of the arbitration is proper since there exists no duty between these parties to arbitrate the issues raised in the complaint (see, Salmanson v Tucker Anthony, Inc., 216 AD2d 283 [decided herewith]). Bracken, J. P., Copertino, Krausman and Florio, JJ., concur.

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Related

Salmanson v. Tucker Anthony Inc.
216 A.D.2d 283 (Appellate Division of the Supreme Court of New York, 1995)

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Bluebook (online)
216 A.D.2d 302, 628 N.Y.S.2d 161, 1995 N.Y. App. Div. LEXIS 5922, Counsel Stack Legal Research, https://law.counselstack.com/opinion/salmanson-v-tucker-anthony-inc-nyappdiv-1995.