Drexel Burnham Lambert, Inc. v. Valenzuela Bock
District Court, S.D. New York
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
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- Hagans v. LavineSupreme Court of the United States · 1974
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