Supreme Court of New Jersey

Laurence J. Rappaport v. Kenneth Pasternak

April 1, 2025

Summary

The Supreme Court of New Jersey reversed the Appellate Division, reinstating the Chancery Division’s confirmation of the arbitration award and holding that the award was not subject to modification because the carried‑interest issue was properly presented to the arbitrator and the appellate court failed to apply the deferential standard of review for arbitration awards.