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Congressional Securities, Inc. v. Fiserv Correspondent Services, Inc.

United States Court of Appeals, Second Circuit
Jun 17, 2004
102 F. App'x 190 (2d Cir. 2004)

Opinion

Docket Nos. 03-7943 (L), 03-7945 (CON), 03-7947 (CON), 03-7953(CON) and 03-7955(CON).

June 17, 2004.

Appeal from the United States District Court for the Southern District of New York (Martin, J.).

David H. and Sherry M. Zimmer, pro se, Boca Raton, FL., Sheldon L. and Harriet E. Contract, pro se, Washington, D.C., Youness and Mahnaz Handifar, pro se, Potomac, MD., Martin Newman, pro se, Waterford, MI, for Appellants.

Steven D. Plissey, Sherman Howard, L.L.C., Denver, CO, for Appellees.

Present: MINER, POOLER, Circuit Judges, and GOLDBERG, Judge.

The Honorable Richard W. Goldberg, Judge of the United States Court of International Trade, sitting by designation.


ON CONSIDERATION WHEREOF, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of said District Court be and it hereby is AFFIRMED.


SUMMAEY ORDER

Petitioners-Appellants appeal a judgment that denied their motion to vacate an arbitration award and granted respondent's motion to confirm the award. We assume the parties' familiarity with the underlying facts, procedural history, and specification of appellate issues.

We may "vacate an arbitration award only in [the] limited circumstances" described in 9 U.S.C. § 10(a). Tempo Shain Corp. v. Bertek, Inc., 120 F.3d 16, 19 (2d Cir. 1997). As relevant to this appeal, Section 10(a)(3) provides for vacatur if "the arbitrators were guilty of misconduct in refusing to postpone the hearing, upon sufficient cause shown, or in refusing to hear evidence pertinent and material to the controversy; or of any other misbehavior by which the rights of any party have been prejudiced." "`The misconduct must amount to a denial of fundamental fairness of the arbitration proceeding in order to warrant vacating the award.'" Tempo Shain, 120 F.3d at 20 (citing and quoting Transit Cas. Co. v. Trenwick Reinsurance Co., 659 F.Supp. 1346, 1354 (S.D.N.Y. 1987), aff'd mem., 841 F.2d 1117 (2d Cir. 1988)). The arbitration panel's refusal to grant petitioners a second adjournment requested shortly before a long scheduled hearing did not deny petitioners "fundamental fairness" because (1) the panel previously had granted a lengthy adjournment over respondent's objection and (2) petitioners made only a speculative and unspecific showing of need for the adjournment. We therefore affirm the judgment of the district court.


Summaries of

Congressional Securities, Inc. v. Fiserv Correspondent Services, Inc.

United States Court of Appeals, Second Circuit
Jun 17, 2004
102 F. App'x 190 (2d Cir. 2004)
Case details for

Congressional Securities, Inc. v. Fiserv Correspondent Services, Inc.

Case Details

Full title:CONGRESSIONAL SECURITIES, INC., David H. Zimmer Money Pur. Plan, Sherry M…

Court:United States Court of Appeals, Second Circuit

Date published: Jun 17, 2004

Citations

102 F. App'x 190 (2d Cir. 2004)

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