New York Court of Appeals

TNS Holdings, Inc., Formerly Known as TradeNET, Inc., Respondents v. MKI Securities Corp., Appellant, Et…

October 22, 199892 N.Y.2d 335

Summary

The New York Court of Appeals held that a corporation that is not a signatory to an arbitration agreement cannot be compelled to arbitrate absent a showing of abuse of the corporate form, rejecting both the alter‑ego and the inextricably‑interwoven theories. Accordingly, the order compelling arbitration against MKI Securities Corp. was reversed.