Kress Corp. v. Edward C. Levy Co.
Parties submitted written arbitration agreement, and award was subsequently made.
Action for award confirmation was filed by Kress, followed by statement of objections and motion to dismiss by Levy. Confirmation of arbitration award and denial of objections and motion to dismiss were entered by trial court. Appellate court upheld decision based on (1) evidence supporting parties agreement to submit dispute law of Illinois as applicable to arbitration; (2) court could apply Illinois law rather than Federal arbitration Act; and, (3) party was time-barred under either statute with respect to asserting it’s defenses to motion for confirmation. 430 N.E.2d 593, 102 Ill.App.3d 264 (Ill. App. 3 Dist. 1981).
