New York Court of Appeals

Kevin R. Hackett, Respondent v. Milbank, Tweed, Hadley & McCloy, Appellant

July 5, 199586 N.Y.2d 146

Summary

The New York Court of Appeals reversed the Appellate Division, holding that the arbitrator's award should not be vacated because the supplemental payment provision does not constitute an unlawful forfeiture for competition and the arbitration agreement, including its choice‑of‑law clause, is enforceable. The court emphasized the strong public policy favoring arbitration and found no violation of DR 2‑108(A).