Legal Opinion

In re the Arbitration between Lubin & Schlesinger, Inc. & Scheinberg

New York Supreme Court

Decided March 25, 1996Published

1Opinion of the Court

OPINION OF THE COURT

Edward H. Lehner, J.

*293Before the court are the motions of the petitioners in the two above-entitled proceedings to vacate and set aside the arbitration award dated March 14, 1995, and the application by respondent to confirm the award and attach assets of petitioners.

In June 1992, after respondent acquired 20% of the shares of respondent Lubin & Schlesinger, Inc. (L&S) for $100,000, he entered into an agreement with the other shareholders (the Agreement) which contained, among other provisions, restrictions on the transfer of shares so that should any shareholder desire to…

2Cases cited14 opinions

  1. First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
  2. Norris v. CooperNew York Court of Appeals · 1984
  3. Salvano v. Merrill Lynch, Pierce, Fenner & Smith, Inc.New York Court of Appeals · 1995
  4. Hackett v. Milbank, Tweed, Hadley & McCloyNew York Court of Appeals · 1995
  5. Meisels v. UhrNew York Court of Appeals · 1992

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