MATTER OF UOP, INC.


59 A.D.2d 855 (1977)

In the Matter of the Arbitration between Uop, Inc., Appellant, and Naarden International N. V., Respondent

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

November 10, 1977


Unanimously affirmed, without costs and disbursements.

Although we affirm the judgment below, Special Term made two observations which we believe to be erroneous. Specifically, the court found that: (1) the agreement of April 23, 1976 is confusing but that the resolution thereof is for the arbitrators; and (2) the validity and justification for respondent's action in withholding the issuance of the promissory note in the sum of approximately four million dollars which...

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