In re the Arbitration between Motor Vehicle Accident Indemnification Corp. & Goldberg

This is an application by Motor Vehicle Accident Indemnification Corporation (MVAIC) to stay arbitration, on the grounds that (1) arbitration is barred by the Statute of Limitations, and (2) the offending vehicle was insured.

The accident allegedly occurred on August 1, 1962. Two notices of claim were filed with MVAIC, the first on November 9,1962, on the basis of no insurance covering the offending vehicle, and the second on November 12, 1963 on the ground of disclaimer by the insurance company covering said vehicle.

The latter notice was based on the fact that on November 6, 1963, the…