In re the Arbitration between Penn Central Corp. & Consolidated Rail Corp.
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Wachtler, J.
Petitioner Penn Central Corporation commenced this proceeding to confirm a determination of three appraisers made pursuant to an agreement between petitioner and Consolidated Rail Corporation (Conrail). The trial court dismissed the petition on the ground that the court lacked the power to confirm an appraisal. The Appellate Division reversed and confirmed the determination holding that, although it dealt with valuation, it was an arbitration award resolving the only dispute between the parties. Conrail appeals as a matter of right on the basis of the reversal…
2Cases cited7 opinions
- Matter of Delmar Box Co.(ætna Ins. Co.)New York Court of Appeals · 1955
- Gervant v. New England Fire InsuranceNew York Court of Appeals · 1954
- In re the Arbitration between Dimson & ElghanayanNew York Court of Appeals · 1967
- In re the Arbitration between Penn Central Corp. & Consolidated Rail Corp.Appellate Division of the Supreme Court of the State of New York · 1981
- Hollander v. KesslerAppellate Division of the Supreme Court of the State of New York · 1963
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3Cited by30 opinions
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- Questrom v. Federated Department Stores, Inc.District Court, District of Columbia · 2000
- SR International Business Insurance v. World Trade Center Properties, LLCDistrict Court, S.D. New York · 2006
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