Legal Opinion

Morgan Guaranty Trust Co. v. Wasserman

New York Supreme Court

Decided January 4, 1960Published

1Opinion of the CourtMatthew M. Levy, J.

(Opinion dated November 27, 1959, in the first above-entitled arbitration proceeding.)

Lillian Wasserman, the respondent herein, has proposed for arbitration “ [a] recomputation of the net worth of the [subject] corporation for the purpose of a reevaluation of the closing price, for the purchase of stock from the Estate of Otto Knopf by Lillian Wasserman the purchaser thereof”. The petitioners (who are the executors of Knopf’s estate) move that the arbitration demanded by the respondent ‘1 be permanently stayed on the ground that the question and claim submitted by respondent in her Demand for…

2Cases cited7 opinions

  1. Mtr. of River Brand Rice Mills v. Latrobe Brew. Co.New York Court of Appeals · 1953
  2. In Re the Arbitration Between Bullard & Morgan H. Grace Co.New York Court of Appeals · 1925
  3. In re the Arbitration between Raphael & SilberbergAppellate Division of the Supreme Court of the State of New York · 1949
  4. In re the Arbitration between John E. Potter Co. & Miles Metal Corp.New York Supreme Court · 1956
  5. In re the Arbitration between Tuttman & Kattan, Talamas Export Corp.Appellate Division of the Supreme Court of the State of New York · 1948

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