In re the Arbitration between Amphenol Corp. & Microlab

Motion for an order pursuant to CPLR 7503 (subd. [b]) staying arbitration is denied.

Microlab purchased an entire going business from the petitioner (Amphenol). The agreement was entered into on August 18,1964. On September 1,1964 questions arose as to petitioner’s representations as they existed in the contract. During the ensuing year attempts at negotiation were made respecting representation and performance of the contract. Settlement *47negotiations were terminated on September 21, 1965, and Micro-lab served its demand for arbitration on September 24, 1965.

Petitioner asserts that the…