In re the Arbitration between Yates Lansing, Inc. & Town of Niskayuna
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Appeal from an order of the Supreme Court (Lynch, J.), entered April 26, 1993 in Schenectady County, which, inter alia, granted respondent’s cross application pursuant to CPLR 7511 to modify that part of an arbitration award granting claimant interest.
At issue on this appeal is whether the arbitrator exceeded his authority under the parties’ agreement when he awarded interest. We agree with Supreme Court’s conclusion that the interest award was completely irrational and that it exceeded a specifically enumerated limitation in the agreement. The agreement expressly provided that no interest…
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