MATTER OF MOORE v. BAMACO GROUP AM., INC.


114 A.D.2d 456 (1985)

In the Matter of Carole-Ann Moore, Respondent, v. Bamaco Group America, Inc., et al., Respondents, and Brita L. Mavroyanis et al., Appellants

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

October 21, 1985


Order affirmed, insofar as appealed from, with costs.

Appellants contend that the arbitrators exceeded their power and issued a totally irrational award. We find this contention unpersuasive. The instant arbitration clause was extremely broad, giving the arbitrators the power to settle any dispute arising out of the terms of a stockholders' agreement. Since this case involved a dispute over a mortgage payment provision contained within said agreement, it is clear...

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