IN RE BERNFELD


14 A.D.3d 367 (2005)

787 N.Y.S.2d 865

In the Matter of the Arbitration between DAVID BERNFELD, Appellant, and PRUDENTIAL SECURITIES INCORPORATED et al., Respondents.

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

January 11, 2005.


The broad arbitration agreements between petitioner and Prudential covered "any transaction" and "all controversies" between the parties. Although Prudential's third-party claim concerns certain options trading conducted by petitioner, as attorney-in-fact, in the account of the underlying claimant, there is a "reasonable relationship between the subject matter of the dispute and the general subject matter of the underlying contract" between petitioner and Prudential (Matter...

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