Legal Opinion
In Re the Arbitration Between Melun Industries, Inc.
District Court, S.D. New York
Decided November 13, 1990No. 90 Civ. 2027 (PNL)PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM AND ORDER
LEVAL, District Judge.
Petitioner, Melun Industries, Inc. (“Me-lun”), moves to confirm an arbitration award of $519,018 in its favor against respondent Michael A. Strange. Strange erossmoves to vacate the award on the grounds that the arbitrator exceeded the authority granted him under an agreement between the parties.
Background
This action concerns disputed adjustments to the purchase price of stock sold to Melun by Strange in late 1986.
On November 25,1986, Melun and Strange entered into a Stock Purchase Agreement (the “Agreement”) whereby Melun would purchase all of the…
2Cases cited5 opinions
- United Steelworkers v. Warrior & Gulf Navigation Co.Supreme Court of the United States · 1960
- In the Matter of the Arbitration Between Andros Compania Maritima, S.A., as Disponent Owners of the Kissavos, and Marc Rich & Co., A.G., as CharterersCourt of Appeals for the Second Circuit · 1978
- Piggly Wiggly Operators' Warehouse, Inc. v. Piggly Wiggly Operators' Warehouse Independent Truck Drivers Union, Local No. 1Court of Appeals for the Fifth Circuit · 1980
- Amoco Overseas Oil Co. v. Astir Navigation Co.District Court, S.D. New York · 1979
- Mobil Oil Indonesia Inc. v. Asamera Oil (Indonesia) Ltd.District Court, S.D. New York · 1980
3Cited by11 opinions
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- Seed Holdings, Inc. v. Jiffy International ASDistrict Court, S.D. New York · 2014
- Gestetner Holdings, PLC v. Nashua Corp.District Court, S.D. New York · 1992
- Republic of Argentina v. AWG Group Ltd.District Court, District of Columbia · 2016
- Commercial Risk Reinsurance Co. v. Security InsuranceDistrict Court, S.D. New York · 2007
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