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MATTER OF MELUN INDUSTRIES, INC.

No. 90 Civ. 2027 (PNL).

898 F.Supp. 990 (1990)

In the Matter of the Arbitration Between MELUN INDUSTRIES, INC., Petitioner, and Michael A. Strange, Respondent.

United States District Court, S.D. New York.

November 13, 1990.

Attorney(s) appearing for the Case

Coudert Brothers, New York City (Wendy L. Addis, of counsel), for Melun Industries, Inc.

Martin S. Berglas, New York City, for Michael A. Strange.

MEMORANDUM AND ORDER

LEVAL, District Judge.

Petitioner, Melun Industries, Inc. ("Melun"), moves to confirm an arbitration award of $519,018 in its favor against respondent Michael A. Strange. Strange crossmoves to vacate the award on the grounds that the arbitrator exceeded the authority granted him under an agreement between the parties.

Background

This action concerns disputed adjustments to the purchase price of stock sold to Melun by...

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