Matter of Markby
v.
Painewebber Inc.

Not overruled or negatively treated on appealinfoCoverage
Appellate Division of the Supreme Court of New York, Second DepartmentOct 14, 1997
664 N.Y.S.2d 520 (N.Y. App. Div. 1997)
664 N.Y.S.2d 520243 A.D.2d 312

October 14, 1997

Appeal from the Supreme Court, New York County (Barry Cozier, J.).


There is no merit to petitioner's claim that the arbitration award violates the public policy against forfeiture of earned wages. Certainly, there is nothing on the face of the documents defining the compensation payable under respondent's Stock Award and Incentive Compensation Plans to indicate that the compensation petitioner seeks to recover was other than wholly discretionary ( see, Weiner v. Diebold Group, 173 A.D.2d 166,167), and the increased value of petitioner's capital contribution as a limited partner in an entity to which he rendered no services can hardly be thought of as wages ( see, Labor Law § 190 [1]). Whether or not the description of the compensation contained in the documents is accurate is an issue of fact that was for the arbitrator ( see, Hackett v. Milbank, Tweed, Hadley McCloy, 86 N.Y.2d 146, 155, 157-158; Mirchel v. RMJ Sec. Corp., 205 A.D.2d 388, 389-390).

Concur — Milonas, J.P., Wallach, Williams, Tom and Mazzarelli, JJ. [See, 169 Misc.2d 173.]