MATTER OF SCHLAIFER v. SEDLOW


51 N.Y.2d 181 (1980)

In the Matter of Charles Schlaifer et al., Appellants, v. Victor Sedlow, Respondent.

Court of Appeals of the State of New York.

Decided October 14, 1980.


Attorney(s) appearing for the Case

George P. Birnbaum and Charles Ballon for appellants.

Joseph Calderon and Richard A. Whitney for respondent.

Chief Judge COOKE and Judges GABRIELLI, JONES and WACHTLER concur in Per Curiam opinion; Judge MEYER dissents in part and votes to modify in a separate opinion in which Judges JASEN and FUCHSBERG concur.


Per Curiam.

The order of the Appellate Division should be affirmed, with costs. Whether the general release signed by respondent was the product of economic duress and what effect should be given to it in any event are issues to be resolved by the arbitrator pursuant to the arbitration agreement made by the parties.

On March 31, 1964 respondent Sedlow and three individuals entered into a stockholders agreement...

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