The court granted L.A.W. Limitless, LLC's petition to compel arbitration in a contractual dispute with Fr. Lurssen Werft (GMBH) Co. over defects in a yacht. The court concluded that the failure to designate an arbitrator within the contractually specified 60-day period did not waive the right to arbitration, as the contract provided a procedure for selecting an arbitrator if the deadline lapsed.
documents/vol00010-efta01297717-pdf.pdf
{"title":"L.A.W. Limitless, LLC v. Fr. Lurssen Werft (GMBH) Co.","key_people":["Jed S. Rakoff","Michael M. Gordon","Glen T. Nonon","Judah Gribetz"],"document_date":"1999-02-02","document_type":"legal","key_locations":["New York, NY"],"document_subtype":"Court Case","key_organizations":["L.A.W. Limitless, LLC","Fr. Lurssen Werft (GMBH) Co.","Cadwalder Wickersham & Taft","Healy & Baillie","Richards & O'Neil, LLP"],"reference_numbers":["98 Civ. 8433 (JSR)"]}