PURPURA v. BEAR STEARNS COS. INC.


238 A.D.2d 216 (1997)

656 N.Y.S.2d 253

Nicholas Purpura, Appellant, v. Bear Stearns Companies Inc. et al., Respondents

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

April 17, 1997


That the arbitrators did not explain their calculation of the Statute of Limitations, or why plaintiff's claims lack merit, does not mean that the award was not final and definite within the meaning of CPLR 7511 (b) (1) (iii) or imperfect in a matter of form within the meaning of CPLR 7511 (c) (3). The award was properly confirmed because it determined the controversy submitted and does not create a new controversy (see, Matter of Meisels v Uhr,

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