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Life Receivables Trust v. Goshawk Syndicate 102 at Lloyd's

New York Court of Appeals


May 4, 2010

LIFE RECEIVABLES TRUST, PLAINTIFF,
v.
GOSHAWK SYNDICATE 102 AT LLOYD'S, RESPONDENT,
LIFE SETTLEMENT CORPORATION, DOING BUSINESS AS PEACH TREE LIFE SETTLEMENTS, APPELLANT.

This memorandum is uncorrected and subject to revision before publication in the New York Reports.

MEMORANDUM

The order of the Appellate Division should be affirmed with costs. The certified question should not be answered as unnecessary.

The Appellate Division properly concluded that the scope and validity of the parties' arbitration agreement, including issues of arbitrability, are for the arbitration tribunal to determine (see Matter of Smith Barney Shearson v Sacharow, 91 NY2d 39, 45-47 [1997]; Contec Corp. v Remote Solution, Co., Ltd., 398 F3d 295, 211 [2d Cir 2005]). Although Hall St. Assoc., L.L.C. v Mattel, Inc. (552 US 576 [2008]) prohibits parties from expanding, by their own agreement, the scope of judicial review beyond that authorized by the Federal Arbitration Act, clear and unmistakable evidence exists in this case that the parties agreed to arbitrate questions of arbitrability, including whether the parties' arbitration agreement is invalid under Hall St. Assoc. or whether the apparently offending provision could be severed from the remainder of the agreement.

On review of submissions pursuant to section 500.11 of the Rules, order affirmed, with costs, and certified question not answered upon the ground that it is unnecessary, in a memorandum.

Chief Judge Lippman and Judges Ciparick, Graffeo, Read, Smith, Pigott and Jones concur.

20100504

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