U.S. BENEFIT OF SCM, INC. v. TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA, 5:14-CV-00258-FL. (2014)
Court: District Court, E.D. North Carolina
Number: infdco20140618b61
Visitors: 1
Filed: Jun. 17, 2014
Latest Update: Jun. 17, 2014
Summary: ORDER LOUISE W. FLANAGAN, District Judge. This matter is before the court on the Defendants' Motion to Stay pending completion of binding arbitration. The allegations of Plaintiff's Complaint allege that the subcontract at issue includes a binding arbitration provision and the underlying breach of subcontract claim is subject to, and should be submitted to, binding arbitration. Additionally, Plaintiff consents to Defendants' Motion to Stay. It appears to the Court that the requirements of the
Summary: ORDER LOUISE W. FLANAGAN, District Judge. This matter is before the court on the Defendants' Motion to Stay pending completion of binding arbitration. The allegations of Plaintiff's Complaint allege that the subcontract at issue includes a binding arbitration provision and the underlying breach of subcontract claim is subject to, and should be submitted to, binding arbitration. Additionally, Plaintiff consents to Defendants' Motion to Stay. It appears to the Court that the requirements of the ..
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ORDER
LOUISE W. FLANAGAN, District Judge.
This matter is before the court on the Defendants' Motion to Stay pending completion of binding arbitration. The allegations of Plaintiff's Complaint allege that the subcontract at issue includes a binding arbitration provision and the underlying breach of subcontract claim is subject to, and should be submitted to, binding arbitration. Additionally, Plaintiff consents to Defendants' Motion to Stay.
It appears to the Court that the requirements of the Federal Arbitration Act for a stay of this action pursuant to 9 U.S.C. § 3 have been satisfied. Therefore, the Motion to Stay is ALLOWED, and this action shall be stayed pending the completion of binding arbitration between Plaintiff and Defendant Caddell Construction Co., Inc. The parties are directed to submit a status report regarding the arbitration proceedings no later than 90 days from the filing of this order, and every 90 days thereafter until the arbitration proceedings are concluded.
SO ORDERED.
Source: Leagle
