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MERRILL LYNCH, PIERCE, FENNER & SMITH v. BURKE

No. C-89-3713-CAL.

741 F.Supp. 191 (1990)

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, Applicant, v. Florence R. BURKE, Respondent.

United States District Court, N.D. California.

January 17, 1990.

Attorney(s) appearing for the Case

Darryl P. Rains, Morrison & Foerster, San Francisco, Cal., for applicant.

Richard D. Harmon, San Francisco, Cal., for respondent.

ORDER CONFIRMING ARBITRATION AWARD

LEGGE, District Judge.

Applicant Merrill Lynch, Pierce, Fenner & Smith, Inc. has filed a motion to vacate, alter or modify an arbitration award of the Pacific Coast Stock Exchange. Respondent Florence R. Burke opposes that motion, and moves for confirmation of the award and for sanctions. The motions raise some difficult questions about the role of a federal court in reviewing decisions of an industry arbitration panel...

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