CHUEN CHAN v. CONTINENTAL BROKER-DEALER CORP.


1 A.D.3d 297 (2003)

767 N.Y.S.2d 596

SIU CHUEN CHAN, Appellant, v. CONTINENTAL BROKER-DEALER CORP. et al., Respondents.

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

November 25, 2003.


Pursuant to rule 10314 (b) (2) (C) of the National Association of Securities Dealers Procedural Rules, it was within the arbitrator's discretion to deny petitioner's motion to preclude respondents' answer for untimely service. Aside from the grounds specified in CPLR 7511 (b), courts may vacate an arbitration award only if it violates a strong public policy, is totally irrational, or exceeds a specifically enumerated limitation upon the arbitral authority (Matter of Board...

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