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ISRAEL DISC. BANK LTD. v. ROSEN

169 A.D.2d 650 (1991)

Israel Discount Bank Limited, Plaintiff, v. Efraim Rosen et al., Defendants. Leo Siegman, Appellant-Respondent, v. Efraim Rosen, Respondent-Appellant

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

January 31, 1991

The instant dispute arises from a transaction for the sale of diamonds between Leo Siegman and Efraim Rosen, members of the Diamond Dealers Club (DDC), an organization whose members are in the business of buying and selling precious gems, and whose bylaws require that disputes between the members be submitted to the DDC's arbitration tribunal. At the conclusion of the arbitration hearing, on January 29, 1990, the arbitration panel...

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