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Matter of Yates Lansing, Inc.

Appellate Division of the Supreme Court of New York, Third Department
Mar 24, 1994
202 A.D.2d 916 (N.Y. App. Div. 1994)

Opinion

March 24, 1994

Appeal from the Supreme Court, Schenectady County (Lynch, J.).


At issue on this appeal is whether the arbitrator exceeded his authority under the parties' agreement when he awarded interest. We agree with Supreme Court's conclusion that the interest award was completely irrational and that it exceeded a specifically enumerated limitation in the agreement. The agreement expressly provided that no interest was to be awarded on any moneys not paid when due. Accordingly, the court's decision to modify the arbitrator's award by deleting the requirement that respondent pay interest should be affirmed.

Mikoll, J.P., Crew III, Casey, Yesawich Jr., and Peters, JJ., concur. Ordered that the order is affirmed, without costs.


Summaries of

Matter of Yates Lansing, Inc.

Appellate Division of the Supreme Court of New York, Third Department
Mar 24, 1994
202 A.D.2d 916 (N.Y. App. Div. 1994)
Case details for

Matter of Yates Lansing, Inc.

Case Details

Full title:In the Matter of the Arbitration between YATES LANSING, INC., Appellant…

Court:Appellate Division of the Supreme Court of New York, Third Department

Date published: Mar 24, 1994

Citations

202 A.D.2d 916 (N.Y. App. Div. 1994)
610 N.Y.S.2d 879

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