Legal Opinion
S. Ezra Austern and Esther Austern v. The Chicago Board Options Exchange, Inc.
Court of Appeals for the Second Circuit
Decided March 15, 1990No. 520, Docket 89-7792PublishedCited by 93 opinions
1Opinion of the Court
MESKILL, Circuit Judge:
The central question presented by this appeal is whether a commercial organization sponsoring a contractually agreed upon arbitration is immune from civil liability for improperly noticing the arbitration hearing and improperly selecting the arbitration panel.
Plaintiffs S. Ezra and Esther Austern (the Austeras) appeal from a judgment entered in the United States District Court for the Southern District of New York, Cedarbaum, J., dismissing their complaint against defendant Chicago Board Options Exchange, Inc. (CBOE) pursuant to Fed.R. Civ.P. 12(b)(6) on the ground of…
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