Legal Opinion

Drexel Burnham Lambert, Inc. v. Valenzuela Bock

District Court, S.D. New York

Decided October 11, 1988No. 88 Civ. 2815(PNL)PublishedCited by 36 opinions

1Opinion of the Court

OPINION AND ORDER

LEVAL, District Judge.

This is a motion by petitioner Drexel Burnham Lambert, Inc. to remand a removed action to state court. The action consists of a petition, originally instituted by Drexel in New York State Supreme Court and removed by the respondents to federal court, seeking to require arbitrators to sever several arbitration claims which were being jointly conducted by the American Arbitration Association (“AAA”). The claims being arbitrated were instituted by Valenzuela and other customers of Drexel (hereafter the “Customers”) alleging that Drexel violated the federal…

2Cases cited50 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Franchise Tax Bd. of Cal. v. Construction Laborers Vacation Trust for Southern Cal.Supreme Court of the United States · 1983
  3. Bell v. HoodSupreme Court of the United States · 1946
  4. Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
  5. Hagans v. LavineSupreme Court of the United States · 1974

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3Cited by36 opinions

  1. Vaden v. Discover BankSupreme Court of the United States · 2009
  2. Aubie BALTIN; Gwilda Baltin, Plaintiffs-Appellants. v. ALARON TRADING CORPORATION, Defendant-AppelleeCourt of Appeals for the Eleventh Circuit · 1997
  3. Fed. Sec. L. Rep. P 95,417 Stephen Blumenthal and Les Fein v. Merrill Lynch, Pierce, Fenner & Smith, Inc.Court of Appeals for the Second Circuit · 1990
  4. Howard Greenberg v. Bear, Stearns & Co., Bear, Stearns & Co., Inc., and Bear, Stearns Securities Corp.Court of Appeals for the Second Circuit · 2000
  5. Kasap v. Folger Nolan Fleming & Douglas, Inc.Court of Appeals for the D.C. Circuit · 1999

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