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WALL STREET ASSOCIATES v. BECKER PARIBAS, INC.

No. 85 Civ. 4649 (LBS).

818 F.Supp. 679 (1993)

WALL STREET ASSOCIATES, L.P., Plaintiff, v. BECKER PARIBAS, INCORPORATED, Merrill Lynch & Company, Michael Wise, Monroe Friedman, Securities & Arbitrage Co. and Wall Street Arbitrage Co., Defendants.

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

April 28, 1993.

Attorney(s) appearing for the Case

Reid & Priest, New York City (Robert S. Carlson, Lawrence S. Hirsh, Susan L. Bedford, of counsel), for plaintiff.

Lankler Siffert & Wohl, New York City (Frank Wohl, David C. Esseks, of counsel), for defendants Wise and Friedman.

Brown & Wood, New York City (Roger J. Hawke, Daniel A. Osborne, of counsel), for defendants Becker Paribas, Inc. and Merrill Lynch & Co.

OPINION

SAND, District Judge.

This case is before the Court on plaintiff's motion to confirm and defendants' motions to vacate an award entered by the American Arbitration Association ("AAA") on November 9, 1992 after a protracted arbitration. We find that defendants have not demonstrated either that the arbitration panel exceeded the scope of its authority or that it acted in manifest disregard of the law, and...

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