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WULFF & CO v. MARGULIES

94 Misc.2d 847 (1978)

Larson Wulff & Co., Plaintiff, v. Milton Margulies, Defendant.

Supreme Court, Special Term, New York County.

April 27, 1978

Attorney(s) appearing for the Case

Goldstein & Anderman (Jack Goldstein of counsel), for plaintiff. Strassberg & Strassberg (Louis Strassberg of counsel), for defendant.

BEATRICE SHAINSWIT, J.

The court is confronted with a direct challenge to the exercise of its equity power. In a case which shrieks for a preliminary injunction, the defendant maintains that the court is handcuffed because he has initiated an arbitration process. As defendant would have it, his serving of a demand for arbitration eliminates from judicial scrutiny his blatant rifling of the assets of the partnership...

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