MTR. OF STAKLINSKI (PYRAMID ELEC. CO.)


6 N.Y.2d 159 (1959)

In the Matter of the Arbitration between Stanley J. Staklinski, Respondent, and Pyramid Electric Company, Appellant.

Court of Appeals of the State of New York.

Decided May 29, 1959.


Attorney(s) appearing for the Case

Marvin E. Frankel, Harold H. Levin, Howard Lichtenstein and Michael L. Matar for appellant.

Philip C. Samuels, Jacob Gruber and Arthur Elfenbein for respondent.

Judges DYE and FULD concur with Judge DESMOND; Judge FROESSEL concurs in a separate memorandum; Judge BURKE dissents in an opinion in which Judge VAN VOORHIS concurs; Chief Judge CONWAY taking no part.


DESMOND, J.

We see nothing illegal about this arbitration award and no reason for vacating it. Petitioner was for years appellant's president and in charge of its production and engineering and one of its directors and largest stockholders. In 1954 appellant entered into an 11-year contract employing petitioner as manager in charge of production and engineering at a large salary plus a percentage of net profits...

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