Matter of CEO Bus. Brokers, Inc. v. 1431 Utica Ave. Corp.
This case involves an appeal regarding the confirmation of an arbitration award. CEO Business Brokers, Inc. initiated a proceeding to confirm an arbitration award against 1431 Utica Avenue Corp. and Domenick Landriscina, stemming from a business brokerage agreement. The Supreme Court, Queens County, granted the petition to confirm the award and denied the cross-motion to vacate it. On appeal, the Appellate Division, Second Department, affirmed the amended judgment. The court found that the arbitration award was not irrational and that the appellants failed to demonstrate by clear and convincing evidence that their rights were prejudiced by misconduct.