Legal Opinion
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. DeChaine
Appellate Division of the Supreme Court of the State of New York
Decided June 24, 1993PublishedCited by 17 opinions
1Opinion of the Court
Order of Supreme Court, New York County (Diane Lebedeff, J.), entered on or about October 28, 1992, which granted petitioners’ application for a stay of arbitration to the extent of permanently staying arbitration of five of respondent’s six claims, unanimously affirmed, without costs.
The interpretation that has been given section 15 of the National Association of Securities Dealers Code of Arbitration Procedure—that such is not a statute of limitations but a substantive eligibility requirement limiting the range of disputes the parties agreed to arbitrate (Matter of Prudential Bache Sec. v…
2Cases cited2 opinions
- Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U.Supreme Court of the United States · 1989
- Prudential Bache Securities v. ArchardAppellate Division of the Supreme Court of the State of New York · 1992
3Cited by17 opinions
- Painewebber Incorporated v. Michael J. Bybyk and Joyce O. BybykCourt of Appeals for the Second Circuit · 1996
- Smith Barney Shearson Inc. v. SacharowNew York Court of Appeals · 1997
- Painewebber Incorporated v. Mohamad S. Elahi, Kokab Moarefi Elahi and Maryam ElahiCourt of Appeals for the First Circuit · 1996
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. OhnumaAppellate Division of the Supreme Court of the State of New York · 1995
- PaineWebber, Inc. v. LandayDistrict Court, D. Massachusetts · 1995
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