MATTER OF WANNALANCIT TEXTILE CO., INC.


81 A.D.2d 774 (1981)

In the Matter of the Arbitration between Wannalancit Textile Company, Inc., Respondent, and Prestex, Inc., Appellant

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

May 12, 1981


Petitioner (Wannalancit) sold and delivered goods to respondent (Prestex), pursuant to agreements which provided for arbitration in the event of any dispute. A controversy thereafter arose and Wannalancit demanded arbitration. Prestex interposed a counterclaim alleging that it had entered into an agreement with the United States Government under which it undertook to deliver 420,000 yards of combed cotton balloon cloth in finished state; that it had ordered these goods in...

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