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MATTER OF WEDBUSH MORGAN SEC., INC. v. BRANDMAN

192 A.D.2d 497 (1993)

597 N.Y.S.2d 39

In the Matter of Wedbush Morgan Securities, Inc., Appellant, v. David Brandman, Respondent

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

April 29, 1993

The IAS Court properly denied the petition to confirm an arbitration award because the arbitrators' misconduct prejudiced respondent's rights (CPLR 7511 [b] [1]). Although the decision to grant or deny adjournments is generally within the arbitrators' discretion (CPLR 7506 [b]; New York Stock Exchange rule 617) the arbitrators' abuse of that discretion in this case amounted to prejudicial misconduct (Harwyn Luggage v Henry Rosenfeld, Inc., 90 A.D.2d...

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