Legal Opinion

Ashraf v. Republic New York Securities Corp.

District Court, S.D. New York

Decided July 28, 1998No. 98 Civ. 185(RLC)PublishedCited by 2 opinions

1Opinion of the Court

OPINION

ROBERT L. CARTER, District Judge.

I. Introduction

Republic New York Securities Corp. (“RNYSC”), a registered broker/dealer in securities and a futures commission merchant (“FCM”) registered with the National Futures Association (“NFA”), moves pursuant to the Federal Arbitration Act, 9 U.S.C. § 1 et seq., to vacate an arbitration award of $12,993,750 issued on December 29, 1997, by an NFA arbitration panel in favor of Zahid Hussain Ashraf and Shahida Zahid, husband and wife (hereafter collectively “Hussain”), citizens of Pakistan and residents of Dubai, United Arab Emirates. Hussain cross…

2Cases cited22 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. United Steelworkers v. Enterprise Wheel & Car Corp.Supreme Court of the United States · 1960
  3. DiRussa v. Dean Witter Reynolds Inc.Court of Appeals for the Second Circuit · 1997
  4. In the Matter of the Arbitration Between Andros Compania Maritima, S.A., as Disponent Owners of the Kissavos, and Marc Rich & Co., A.G., as CharterersCourt of Appeals for the Second Circuit · 1978
  5. Willemijn Houdstermaatschappij, Bv v. Standard Microsystems CorporationCourt of Appeals for the Second Circuit · 1997

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3Cited by2 opinions

  1. British Insurance Co. of Cayman v. Water Street InsuranceDistrict Court, S.D. New York · 2000
  2. Matter of Arb. Betw. Ashraf & Repub. Ny SecuritiesDistrict Court, S.D. New York · 1998

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