MATTER OF BURKIN


1 A.D.2d 655 (1955)

In the Matter of the Arbitration between Benjamin Burkin et al., Appellants, and Joseph Katz, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

December 13, 1955


Per Curiam.

It is permissible and appropriate for parties, virtual partners in a close corporation, to contract to submit to arbitration disputes of a specific nature which might arise out of their relationship. But it is impossible to run a business through arbitrators or submit to arbitration matters of management policy.

The order appealed from should be modified, with costs to appellants, by eliminating from the proposed arbitration items 2, 3,...

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