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MATTER OF DALY v. LEHMAN BROS., INC.

252 A.D.2d 357 (1998)

675 N.Y.S.2d 535

In the Matter of Sean Daly, Appellant, v. Lehman Brothers, Inc., et al., Respondents

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

July 2, 1998

An arbitration award may not be vacated unless it is violative of strong public policy, utterly irrational, or made in clear excess of a specifically enumerated limitation upon the arbitrator's power (see, Hackett v Milbank, Tweed, Hadley & McCloy, 86 N.Y.2d 146, 154-155). Here, petitioner has failed to advance any ground upon which the challenged award might be disturbed. While he contends primarily that the evidence...

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