Erber v. Catalyst Trading, LLC

Decision Date04 March 2003
Citation303 A.D.2d 165,754 N.Y.S.2d 885
PartiesMICHAEL J. ERBER, Appellant,<BR>v.<BR>CATALYST TRADING, LLC, et al., Respondents.
CourtNew York Supreme Court — Appellate Division

Concur — Andrias, J.P., Saxe, Rosenberger, Williams and Gonzalez, JJ.

Contrary to petitioner's argument, the criteria for provisional relief set forth in CPLR articles 62 and 63 are not relaxed when such relief is sought in aid of arbitration pursuant to CPLR 7502 (c) (see Matter of Cullman Ventures [Conk], 252 AD2d 222, 230 [1998]; New York City Off-Track Betting Corp. v New York Racing Assn., 250 AD2d 437 [1998]; Koob v IDS Fin. Servs., 213 AD2d 26, 32 [1995]; and see SG Cowen Sec. Corp. v Messih, 224 F3d 79, 83 [2000]). Applying those criteria, it is plain that petitioner's application for an injunction was properly denied, since, inter alia, petitioner failed to demonstrate that he is likely to prevail on the merits of the dispute that is to be arbitrated.

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12 cases
  • Fund v. 6D Global Techs. Inc.
    • United States
    • U.S. District Court — Southern District of New York
    • October 30, 2015
    ...standards under Article 63. SG Cowen Sec. Corp. v. Messih, 224 F.3d 79, 82-83 (2d Cir. 2000); see also Erber v. Catalyst Trading, LLC., 303 A.D.2d 165 (1st Dep't 2003). The logic of Messih applies with equal force to an application for an attachment under section 7502(c). This means that Di......
  • Moquinon, Ltd. v. Gliklad
    • United States
    • New York Supreme Court
    • April 6, 2017
    ...of action for money damages (See Founders Ins. Co. Ltd. v. Everest Natl. Ins. Co., 41 A.D.3d 350 [1st Dept., 2007]; Erber v. Catalyst Trading, 303 A.D.2d 165 [1st Dept., 2003]; Glazer & Gottlieb v. Nachman, 234 A.D.2d 105 [1st Dept., 1996]). Gliklad maintains that Moquinon cannot satisfy th......
  • Kadish v. First Midwest Sec., Inc.
    • United States
    • New York Supreme Court — Appellate Division
    • March 6, 2014
    ...Ins. Co. Ltd. v. Everest Natl. Ins. Co., 41 A.D.3d 350, 351, 839 N.Y.S.2d 474 [1st Dept.2007];Erber v. Catalyst Trading, 303 A.D.2d 165, 754 N.Y.S.2d 885 [1st Dept.2003];Matter of Cullman Ventures [Conk], 252 A.D.2d 222, 230, 682 N.Y.S.2d 391 [1st Dept.1998];Koob v. IDS Fin. Servs., 213 A.D......
  • Patrolmen's Benevolent Ass'n of N.Y., Inc. v. City of N.Y.
    • United States
    • New York Supreme Court — Appellate Division
    • May 13, 2014
    ...LNG Holdings, Inc. v. Merrill Lynch PNG LNG Corp., 60 A.D.3d 403, 404, 874 N.Y.S.2d 439 [1st Dept.2009]; Erber v. Catalyst Trading, 303 A.D.2d 165, 754 N.Y.S.2d 885 [1st Dept.2003] ). Applying these standards, even assuming that petitioners established that an award in their favor would be ......
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