MATTER OF PAINEWEBBER, INC. v. ESTATE OF LADD


214 A.D.2d 461 (1995)

625 N.Y.S.2d 900

In the Matter of Painewebber, Incorporated, Appellant, v. Estate of Florence D. Ladd, Deceased, Respondent

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

April 20, 1995


While petitioner argues that respondent is bound to arbitrate its dispute before the National Association of Security Dealers, Inc. (the securities exchange where the respondent initially chose to bring its claims before it entered into the stipulation with petitioner withdrawing that submission "in its entirety and without prejudice"), since the stipulation restored the parties to the status quo ante, respondent was free to make a second demand for arbitration under...

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