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Owen v. Security Finance Corporation of Spartanburg, 1:20-cv-01013-JDB-JAY. (2020)

Court: District Court, W.D. Tennessee Number: infdco20200320c01 Visitors: 15
Filed: Mar. 19, 2020
Latest Update: Mar. 19, 2020
Summary: ORDER GRANTING JOINT MOTION TO STAY PROCEEDINGS, DENYING DEFENDANT'S MOTION TO COMPEL AS MOOT, AND ADMINISTRATIVELY CLOSING CASE J. DANIEL BREEN , District Judge . Before the Court is the March 18, 2020, joint motion of the parties to stay the proceedings pending the completion of arbitration, pursuant to 9 U.S.C. 3. (Docket Entry ("D.E.") 12.) "The Supreme Court has emphasized that, `[b]y its terms, the [FAA] leaves no place for the exercise of discretion by a district court, but instead
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ORDER GRANTING JOINT MOTION TO STAY PROCEEDINGS, DENYING DEFENDANT'S MOTION TO COMPEL AS MOOT, AND ADMINISTRATIVELY CLOSING CASE

Before the Court is the March 18, 2020, joint motion of the parties to stay the proceedings pending the completion of arbitration, pursuant to 9 U.S.C. § 3. (Docket Entry ("D.E.") 12.) "The Supreme Court has emphasized that, `[b]y its terms, the [FAA] leaves no place for the exercise of discretion by a district court, but instead mandates that district courts shall direct the parties to proceed to arbitration on issues as to which an arbitration agreement has been signed.'" Southard v. Newcomb Oil Co., LLC, No. 19-5187, 2019 WL 8111958, at *3 (6th Cir. Nov. 12, 2019) (alterations in original) (quoting Dean Witter Reynolds, Inc. v. Byrd, 470 U.S. 213, 218 (1985)). Accordingly, the parties' motion is GRANTED.

As the parties have agreed to arbitrate this matter, Defendant's motion to compel arbitration and stay the proceedings, (D.E. 10), is DENIED AS MOOT. This action is hereby ADMINISTRATIVELY CLOSED. The parties may reopen this case upon motion approved by the Court after the completion of arbitration.

IT IS SO ORDERED.

Source:  Leagle

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