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SCHUBTEX, INC. v. SNYDER

49 N.Y.2d 1 (1979)

Schubtex, Inc., Appellant, v. Allen Snyder, Incorporated, Respondent.

Court of Appeals of the State of New York.

Decided November 27, 1979.

Attorney(s) appearing for the Case

Myron J. Meadow and Michael K. Stanton for appellant.

Cecil A. Citron and Michael Wexelbaum for respondent.

Judges JONES, FUCHSBERG and MEYER concur with Judge JASEN; Judge GABRIELLI concurs in result in a separate opinion in which Chief Judge COOKE and Judge WACHTLER concur.

JASEN, J.

The significant issue on this appeal is the applicability of this court's decision in Matter of Marlene Inds. Corp. (Carnac Textiles) (45 N.Y.2d 327) to the arbitration case before us.

Respondent Allen Snyder, Inc., a converter of yarn, had various dealings with petitioner Schubtex, Inc., a jobber, in connection with the sale and purchase of certain synthetic...

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