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L.K. Comstock & Co. v. SZS 33 Associates

Appellate Division of the Supreme Court of New York, First Department
Mar 26, 1992
181 A.D.2d 612 (N.Y. App. Div. 1992)

Opinion

March 26, 1992

Appeal from the Supreme Court, New York County (Edward J. Greenfield, J.).


We affirm for the reasons stated by the IAS court in its decision and order dated September 4, 1991, and would add only that the outcome would be the same even if the liberal policy of Federal Arbitration Act § 2 ( 9 U.S.C. § 2) were to be applied, since the initial inquiry under that statute, as it is under State law, is whether a particular dispute falls within the scope of a limited arbitration clause of the type presented here (McDonnell Douglas Fin. Corp. v Pennsylvania Power Light Co., 858 F.2d 825, 830-831; PAS-EBS v Group Health, 442 F. Supp. 937). However, we modify to the extent indicated since CPLR 5001 (b) provides for prejudgment interest "from the earliest ascertainable date the cause of action existed".

Paragraph 35 (b) of the parties' Agreement provides a written statement demanding the amount must be filed by plaintiff by the 26th day of the month. Since defendant did not make its final payment requisition until October 22, 1990, plaintiff's cause of action did not accrue until November 15, 1990 (Fonda Mfg. Corp. v Lincoln Laminating Corp., 72 A.D.2d 522, 524, lv dismissed 51 N.Y.2d 727).

Concur — Sullivan, J.P., Milonas, Kupferman, Asch and Smith, JJ.


Summaries of

L.K. Comstock & Co. v. SZS 33 Associates

Appellate Division of the Supreme Court of New York, First Department
Mar 26, 1992
181 A.D.2d 612 (N.Y. App. Div. 1992)
Case details for

L.K. Comstock & Co. v. SZS 33 Associates

Case Details

Full title:L.K. COMSTOCK CO., INC., Respondent, v. SZS 33 ASSOCIATES, L.P., Appellant

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Mar 26, 1992

Citations

181 A.D.2d 612 (N.Y. App. Div. 1992)