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ASTURIANA DE ZINC MARKET. v. LASALLE ROLLING MILLS

No. 97 CIV. 6053 (JSR).

20 F.Supp.2d 670 (1998)

ASTURIANA DE ZINC MARKETING, INC., f/k/a Austmet, Inc., Petitioner, v. LASALLE ROLLING MILLS, INC., Respondent.

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

September 29, 1998.

Attorney(s) appearing for the Case

Kevin Conway, New York City, for Petitioner.

Paula Jacobi, Patrick Rohan, New York City, for Respondent.

MEMORANDUM ORDER

RAKOFF, District Judge.

In law, as in medicine, there are many nostrums but no panaceas. Ironically, the vaunted informality of arbitration may invite the arbitrator to be arbitrary — for who will ever know the difference? Still, businesses know what they are getting when they agree to arbitrate and cannot be heard to complain unless the results plainly manifest disregard of law and reason. In the instant case, two components...

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