Legal Opinion
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Bobker
District Court, S.D. New York
Decided June 14, 1986No. 86 Civ. 0439 (EW)PublishedCited by 3 opinions
1Opinion of the Court
OPINION
EDWARD WEINFELD, District Judge.
Merrill Lynch, Pierce, Fenner & Smith, Inc. (“Merrill Lynch”) petitions to vacate an arbitration award in favor of Jack Bobker on the ground that it is in “manifest disregard of the law.” Bobker, a customer of Merrill Lynch for 18 years, was a sophisticated trader in the stock market at the time of the events which were the subject of the arbitration proceeding. For the reasons set forth herein, the Court grants Merrill Lynch’s petition.
On March 8, 1985, respondent Bobker instructed his Merrill Lynch account executive to tender to Phillips Petroleum Co.…
2Cases cited15 opinions
- Udall v. TallmanSupreme Court of the United States · 1965
- Wilko v. SwanSupreme Court of the United States · 1953
- Federal Election Commission v. Democratic Senatorial Campaign CommitteeSupreme Court of the United States · 1981
- International Brotherhood of Teamsters v. DanielSupreme Court of the United States · 1979
- United States v. National Association of Securities Dealers, Inc.Supreme Court of the United States · 1975
10 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Jack BobkerCourt of Appeals for the Second Circuit · 1986
- Transit Casualty Co. v. Trenwick Reinsurance Co.District Court, S.D. New York · 1987
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Jack BobkerCourt of Appeals for the Second Circuit · 1986