Kidder, Peabody & Co. v. Zinsmeyer Trusts Partnership
Court of Appeals for the Second Circuit
1Opinion of the Court
JACOBS, Circuit Judge:
A general partnership composed of several family trusts has commenced two arbitration proceedings alleging the mishandling of its accounts by a brokerage firm. The brokerage firm, Kidder, Peabody & Co., Inc. (“Kidder”), commenced this action seeking a declaration that it breached no duty to the partnership and that it has no duty to arbitrate because the parties crossed out a clause of Kidder’s standard-form Customer’s Agreement requiring the parties to submit their disputes to arbitration. The United States District Court for the Southern District of New York (Knapp,…
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- Paine, Webber, Jackson & Curtis, Inc. v. The Chase Manhattan Bank, N.A. And In-Suk OhCourt of Appeals for the Second Circuit · 1984
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