Matter of Arb. Betw. Ashraf & Repub. Ny Securities

14 F.Supp.2d 461 (1998)

In the Matter of the ARBITRATION BETWEEN Zahid Hussain ASHRAF and Shahida Zahid, Petitioners,

and

REPUBLIC NEW YORK SECURITIES CORPORATION, Respondent.

No. 98 Civ. 185(RLC).

United States District Court, S.D. New York.

July 28, 1998.

Layton Brooks & Hecht, for Petitioners, New York, New York, Daniel J. Brooks, Eamonn F. Foley, of counsel.

Arkin Schaffer & Kaplan LLP, for Respondent, New York, New York, Stanley S. Arkin, Hyman L. Schaffer, of counsel.

Sullivan & Cromwell, for Respondent, New York, New York, Kenneth M. Raisler, Tariq Mundiya, Marc De Leeuw, of counsel.

OPINION

ROBER…