AMICUS AI
Citation Codes
Equivalent Citations
citation codes
Docket Number
Advocates
Judges
Are you a practicing lawyer?
Enhance your digital presence and reach by creating a Casemine profile.
Upload pleading to use the new AI search
Cites
Cited by
Citation Codes
Equivalent Citations
citation codes
Docket Number
Advocates
Judges

RIZWAN GONDAL et al., Appellants, v. NEW YORK STOCK EXCHANGE et al., Respondents, et al., Defendants.

Plaintiffs were properly compelled to arbitrate their claims relating to the service agreement alleging, in essence, that Schwab improperly terminated their use of its trading services. No issues of fact exist as to whether the arbitration clause in the service agreement was induced by fraud ( see Baker v. Paine, Webber, Jackson Curtis, Inc., 637 F Supp 419, 421). Plaintiffs' other claims are either barred by the prior judgment confirming the award ( see O'Brien v. City of Syracuse, 54 NY2d 353, 357; Kaufman v. Eli Lilly Co., 65 NY2d 449, 455-456), barred by the absolute immunity for arbitral acts and statements enjoyed by the arbitrators, lawyers and other participants in the arbitration ( see Mireles v. Waco, 502 US 9, 11; Park Knoll Assoc. v. Schmidt, 59 NY2d 205, 209-210), or without merit.

Use AI to get other relevant cases.

Comments

GONDAL v. NEW YORK STOCK EXCHANGE
(Mar 9, 2006)