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DREXEL BURNHAM LAMBERT, INC. v. VALENZUELA BOCK

No. 88 Civ. 2815(PNL).

696 F.Supp. 957 (1988)

DREXEL BURNHAM LAMBERT, INCORPORATED, Petitioner, v. Alex VALENZUELA BOCK, as executor of the Estate of Sarah De Valenzuela, Margaret Martinez, Carlos Alfaro, Clyde Huddelston, Wilbur Manter, Charles Ferris, and Robert Lotierzo, Respondents.

United States District Court, S.D. New York.

October 11, 1988.

Attorney(s) appearing for the Case

Cahill Gordon & Reindel, New York City (John R. Vaughan, Lisa Pearson, Thomas Campbell, Gary A. Paranzino, of counsel), for petitioner.

Marks Murase & White, New York City (P. Jay Wilker, Guy L. Heinemann, of counsel), for respondents.

OPINION AND ORDER

LEVAL, District Judge.

This is a motion by petitioner Drexel Burnham Lambert, Inc. to remand a removed action to state court. The action consists of a petition, originally instituted by Drexel in New York State Supreme Court and removed by the respondents to federal court, seeking to require arbitrators to sever several arbitration claims which were being jointly conducted by the American Arbitration Association ("AAA"). The claims being...

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