§ 7558. Depositions and discovery; rules of the arbitration
administrator; adjournments. (a) After the appointment of the panel of
arbitrators and notwithstanding inconsistent provisions of sections four
hundred eight and three thousand one hundred two of this chapter, the
parties to the arbitration may take depositions and obtain discovery
regarding the subject matter of the arbitration and, to that end, use
and exercise the same rights, remedies, and obligations in the
arbitration as if the subject matter of the arbitration were pending in
a civil action.

(b) The arbitration administrator shall promulgate rules, subject to
the approval of the superintendent of financial services, to ensure the
expeditious completion of discovery and the prompt commencement and
conclusion of the hearing, consistent with applicable provisions of rule
thirty-four hundred six of this chapter.

(c) An adjournment at the request of counsel for any of the parties
may be granted only by the chairperson of the panel for good cause
shown. A proceeding under this article shall be treated in the same
manner as an action or proceeding in supreme court for the purpose of
any claim by counsel of actual engagement.