In re the Arbitration between Country Wide Insurance & Meadows

Judgment, Supreme Court, New York County, entered January 13, 1978, adjudging that the Allstate policy of insurance financed by corespondent the Premins Co., Inc. (Premins), was properly canceled prior to the May 22, 1974 accident and denying after trial petitioner’s application for a stay of arbitration, unanimously reversed, on the law, with one bill of $40 costs and disbursements of this appeal payable to appellant the judgment heretofore entered vacated and the application to stay arbitration granted. It appears that Premins had issued a cancellation notice purporting to cancel the…