Court of Appeals for the Second Circuit May 7, 2001, 2000 (Smoothline Ltd. And Greatsino Electronic Ltd. v. North American Foreign Trading Corp.)

VAN GRAAFEILAND, Senior Circuit Judge:

As Judge Feinberg observed in

Conticommodity Serv., Inc. v. Philipp & Lion,

613 F.2d 1222, 1224 (2d Cir.1980), “Arbitration is intended to provide the parties to a dispute with a speedy and relatively inexpensive trial before specialists.