Matter of Rosenberg v. Schwartz
The case involves Eric Rosenberg and Allan Schwartz, who were 50% owners of Blind Builders USA, Inc. They agreed to arbitrate their claims to the company's assets before a rabbinical arbitration tribunal, which issued an award including the distribution of accounts receivable. Rosenberg sought to confirm the award, while Schwartz moved to vacate it, arguing it was indefinite regarding the accounts receivable distribution. The Supreme Court confirmed the award. On appeal, the Appellate Division dismissed appeals from prior orders and an earlier judgment. It modified the December 23, 2016, judgment, finding the arbitration award indefinite as it did not clearly define how the accounts receivable incurred prior to the award date were to be distributed. Consequently, that portion of the award was vacated, and the matter was remitted to the rabbinical arbitration tribunal for further proceedings on that specific issue.