Drexel Burnham Lambert Inc. v. Ruebsamen
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Milonas, J.
This is. a special proceeding pursuant to CPLR 7502 (c) in which petitioner-appellant Drexel Burnham Lambert Incorporated seeks an order of attachment prior to arbitration. It is petitioner’s contention that the attachment is required to provide security for a claim by Drexel against respondents Heinz Ruebsamen, Jr., and Werner Ruebsamen in a pending arbitration proceeding. Although the parties agree that the dispute between them will be resolved in arbitration, the locale of the arbitration is not entirely settled. The American Arbitration Association initially…
2Cases cited7 opinions
- Faberge International, Inc. v. Di PinoAppellate Division of the Supreme Court of the State of New York · 1985
- Lerner v. Karageorgis Lines, Inc.New York Court of Appeals · 1985
- Carolina Power & Light Co. v. UranexDistrict Court, N.D. California · 1977
- Cooper v. Ateliers de la Motobecane, S. A.New York Court of Appeals · 1982
- Shah v. Eastern Silk Industries, Ltd.Appellate Division of the Supreme Court of the State of New York · 1985
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- Alvenus Shipping Co. v. Delta Petroleum (U.S.A.) Ltd.District Court, S.D. New York · 1994
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