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MATTER OF SHEARSON LEHMAN BROS., INC. v. KRAMER

205 A.D.2d 457 (1994)

613 N.Y.S.2d 886

In the Matter of Shearson Lehman Brothers, Inc., et al., Respondents, v. Quentin T. Kramer, Appellant

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

June 28, 1994

There is no dispute that by electing arbitration before the American Arbitration Association under the rules of the American Stock Exchange, respondent consented to the jurisdiction of New York courts to decide justiciable issues relating to that arbitration (see, Dain Bosworth, Inc. v Fedora, 1993 US Dist LEXIS 1139, [*] 3-4 [SD NY, Feb. 3, 1993, Martin, J.]). The court having exercised its jurisdiction to rule that...

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