Aste v. Metropolitan Life Insurance

Plaintiff appeals from an order of the circuit court of Cook County compelling arbitration. On appeal, plaintiff argues that Illinois arbitration law applies to this case, that the arbitration agreement is void for lack of consideration and that the arbitration agreement is void due to violations of the Illinois Securities Law of 1953 (815 ILCS 5/1 et seq. (West 1992)). We reverse.

The plaintiff, Kathryn G. Aste, sued defendants, Metropolitan Life Insurance Company (Metropolitan), MetLife Securities, Inc. (MetLife), and Anthony M. Williams on various grounds including breach of fiduciary duty,…