Shearson Lehman Bros. v. Kramer

Judgment, Supreme Court, New York County (Walter Schackman, J.), entered December 13, 1993, which granted petitioners’ motion to stay arbitration of certain claims before *458the American Arbitration Association as time-barred, unanimously affirmed, with costs.

There is no dispute that by electing arbitration before the American Arbitration Association under the rules of the American Stock Exchange, respondent consented to the jurisdiction of New York courts to decide justiciable issues relating to that arbitration (see, Dain Bosworth, Inc. v Fedora, 1993 US Dist LEXIS 1139, * 3-4 [SD NY, Feb. 3,…