Legal Opinion

In re the Arbitration between Mercurio & Lehman Brothers, Inc.

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

Decided May 9, 1996Published

1Opinion of the Court

Order, Supreme Court, New York County (Charles Ramos, J.), entered March 29, 1995, which denied petitioner stockbroker’s application to stay arbitration of respondent securities firm’s claim of fraud against him, unanimously affirmed, without costs.

As respondent’s demand for arbitration specifically refers to events that occurred as late as December 1988, well within the six-year eligibility requirement of section 15 of the National Association of Securities Dealers Code of Arbitration Procedure and section 603 of the New York Stock Exchange Arbitration Rules and petitioner failed to provide…

2Cases cited1 opinion

  1. Goldberg v. ParkerAppellate Division of the Supreme Court of the State of New York · 1995

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