Summary
In Aegis Prop. Servs. Corp. (supra), decided December 23, 1982, we dealt with this subject of mutuality and sustained an arbitration clause which gave only one party the right to demand arbitration, holding that what was crucial to the validity of the agreement was the existence of consideration, not mutuality of obligation.
Summary of this case from Matter of WaldronOpinion
December 23, 1982
Order and judgment (one paper), Supreme Court, New York County (Myers, J.), entered on September 7, 1982, unanimously affirmed for the reasons stated by Myers, J., at Special Term. Respondent shall recover of appellant $50 costs and disbursements of this appeal.
Concur — Murphy, P.J., Ross, Silverman, Bloom and Kassal, JJ.