Legal Opinion

Drexel Burnham Lambert Inc. v. Ruebsamen

Appellate Division of the Supreme Court of the State of New York

Decided March 12, 1991Published

1Opinion of the Court

Judgment, Su*458preme Court, New York County (Stephen G. Crane, J.), entered March 8, 1990, which awarded respondent $163,953.68, plus costs and disbursements as damages caused by the prior issuance of a temporary restraining order in petitioner’s favor, unanimously affirmed, with costs.

In denying and dismissing the petition for an order of attachment in aid of arbitration pursuant to CPLR 7502 (c), Supreme Court previously ruled respondents could apply for a determination of all damages occasioned by a temporary restraint upon their securities account with another New York broker and that such…

2Cases cited5 opinions

  1. Cross Properties, Inc. v. Brook Realty Co.Appellate Division of the Supreme Court of the State of New York · 1980
  2. Drexel Burnham Lambert Inc. v. RuebsamenAppellate Division of the Supreme Court of the State of New York · 1988
  3. Hanley v. FoxAppellate Division of the Supreme Court of the State of New York · 1982
  4. Velte v. Jainew Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1986
  5. Callan v. StateAppellate Division of the Supreme Court of the State of New York · 1990

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