MURIEL SIEBERT & CO., INC. v. PONMANY


190 A.D.2d 544 (1993)

Muriel Siebert & Co., Inc., Respondent, v. Paul Ponmany, Also Known as Raj Babu, Also Known as Paul Babu, et al., Appellants

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

February 4, 1993


The IAS Court, in denying vacatur and granting confirmation of the arbitration award, did not commit reversible error in determining that the award was neither irrational nor violative of a strong public policy and that the arbitrators had not exceeded their powers where, as here, the defendants failed to meet their heavy burden of establishing by clear and convincing evidence that the award was tainted by corruption, fraud, misconduct, partiality, indefiniteness, an over...

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