[DOWNLOAD] "Flink v. Carlson" by United States Court of Appeals for the Eighth Circuit # Book PDF Kindle ePub Free

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eBook details

• Title: Flink v. Carlson
• Author : United States Court of Appeals for the Eighth Circuit
• Release Date : January 24, 1988
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 52 KB

Description

JOHN R. GIBSON, Circuit Judge. The issue before us is whether a securities brokerage house, against whom a customer has initiated arbitration proceedings, is entitled to compel its registered representative to submit to arbitration in the same tribunal of the brokerage's third party claim against him, even though the separate contracts of the customer and the representative name different arbitral bodies. Stewart Flink was a registered representative for Goldman, Sachs & Co., a securities brokerage house. While working for Goldman, Sachs, Flink handled the account of Dennis V. Carlson, who signed agreements to submit any disputes he had with Goldman, Sachs to arbitration. A dispute arose, and Carlson initiated arbitration against Flink and Goldman, Sachs. Goldman, Sachs asserted a crossclaim against Flink for indemnity or contribution. Flink sued in the district court1 to stay the arbitration as to him on the grounds that he was not a party to the arbitration agreements. The district court stayed the arbitration as to Flink, and Carlson dropped his claim against Flink. Goldman, Sachs appeals, arguing that Flink is bound by the arbitration clause.

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