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DREXEL BURNHAM v. RUEBSAMEN

138 Misc.2d 884 (1988)

Drexel Burnham Lambert Incorporated, Petitioner, v. Heinz Ruebsamen, Jr., et al., Respondents.

Supreme Court, New York County.

February 29, 1988

Attorney(s) appearing for the Case

Liddle & O'Connor (Jeffrey Liddle of counsel), for petitioner. Golenbock, Eiseman, Assor, Bell & Perlmutter (David Eiseman and Barry Gold of counsel), for respondents.

STEPHEN G. CRANE, J.

In this special proceeding the petitioner, a securities broker-dealer, seeks an attachment in aid of arbitration (CPLR 7502 [c]). Respondents cross-move to dismiss for lack of in personam jurisdiction. Petitioner intends to arbitrate with respondents, its former customers, who are West German residents, pursuant to the terms of the account agreement among them. The claim is for the debit...

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