M.I.F. Securities Company v. R.C. Stamm Co.

Full title: M.I.F. SECURITIES COMPANY et al., Respondents, v. R.C. STAMM Co., Appellant

Court: Court of Appeals of the State of New York

Date published: Nov 29, 1983

60 N.Y.2d 936 (N.Y. 1983)

471 N.Y.S.2d 84

459 N.E.2d 193

Opinion

Decided November 29, 1983

Appeal from the Appellate Division of the Supreme Court in the First Judicial Department, DAVID B. SAXE, J.

Peter R. Cella for appellant.

Stephen R. Steinberg and Judith B. Yaeger for respondents.

On review of submissions pursuant to rule 500.2 (b) of the Rules of the Court of Appeals (22 N.Y.CRR 500.2 [g]), order affirmed, with costs, for the reasons stated in the opinion by Justice JOSEPH P. SULLIVAN at the Appellate Division ( 94 A.D.2d 211) except so much thereof as holds that the individual members of Stamm partnership may not demand arbitration between MIF and Stamm partnership, an issue which we deem it unnecessary to reach or consider.

Concur: Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, MEYER, SIMONS and KAYE.