Unanimously modified, on the law, to grant the application only to the extent of staying arbitration as to the issue of rescission, and otherwise affirmed, without costs.
Both petitioner and respondent are insurance carriers. On June 18, 1974 respondent authorized petitioner, effective April 1, 1974, to underwrite marine insurance and reinsurance risks on respondent's behalf. Petitioner's authority was expressed in writing in an information sheet, which was signed...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.