Legal Opinion
In re VTrader Pro, LLC
New York Supreme Court
Decided April 16, 2009Published
1Opinion of the Court
*829OPINION OF THE COURT
Edward H. Lehner, J.
In this special proceeding petitioners seek an order, pursuant to CPLR 3102 (c), directing the pre-arbitration issuance of judicial subpoenas to respondents in order to ascertain the identity of other potential parties to the contemplated arbitration proceeding. Petitioners state that they will be seeking recovery of over $3.8 million for the allegedly improper trading of shares of InterOil Corp. (IOC). They claim that on June 19, 2008, 422,600 shares of IOC stock were wrongfully sold at a 30% premium above the then market price and they intend to…
2Cases cited5 opinions
- De Sapio v. KohlmeyerNew York Court of Appeals · 1974
- Stewart v. New York City Transit AuthorityAppellate Division of the Supreme Court of the State of New York · 1985
- Toal v. Staten Island University HospitalAppellate Division of the Supreme Court of the State of New York · 2002
- Hendler & Murray, P. C. v. LambertAppellate Division of the Supreme Court of the State of New York · 1987
- Alexander v. Spanierman Gallery, LLCAppellate Division of the Supreme Court of the State of New York · 2006