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FINE v. BEAR, STEARNS & CO., INC.

No. 89 Civ. 8629 (JES).

765 F.Supp. 824 (1991)

Milton FINE and Edward A. Perlow, Petitioners, v. BEAR, STEARNS & CO., INC., and Kenneth Shashoua, Respondents.

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

May 30, 1991.

Attorney(s) appearing for the Case

Dickie McCamey & Chilcote, P.C., Pittsburgh, Pa. (George E. McGrann, David J. Armstrong, David F. Horan, Burke, Horan & Macri, New York City, of counsel).

Parker Chapin Flattau & Klimpf, New York City (Katherine C. Ash, of counsel).

MEMORANDUM OPINION AND ORDER

SPRIZZO, District Judge:

Petitioners Milton Fine and Edward A. Perlow1 move pursuant to Section 10 of the Federal Arbitration Act, 9 U.S.C. § 10, to vacate an arbitration award issued on March 6, 1989. Respondent Bear, Stearns & Co., Inc., ("Bear Stearns"), cross-moves for summary judgment confirming the award and for sanctions. For the reasons...

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