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Pearlman v. Navient Solutions, LLC, C19-0447RSL. (2019)

Court: District Court, D. Washington Number: infdco20190715b89 Visitors: 8
Filed: Jul. 12, 2019
Latest Update: Jul. 12, 2019
Summary: ORDER ROBERT S. LASNIK , District Judge . This matter comes before the Court on the parties' "Stipulation for Binding Arbitration and Stay of Action." Dkt. # 14. As indicated in their stipulation, the parties have agreed to submit this matter to final and binding arbitration pursuant to the terms of the 2006 promissory note. The above-captioned matter is therefore STAYED, and the Clerk of Court is directed to enter a statistical termination in this case. Such termination is entered solely f
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ORDER

This matter comes before the Court on the parties' "Stipulation for Binding Arbitration and Stay of Action." Dkt. # 14. As indicated in their stipulation, the parties have agreed to submit this matter to final and binding arbitration pursuant to the terms of the 2006 promissory note. The above-captioned matter is therefore STAYED, and the Clerk of Court is directed to enter a statistical termination in this case. Such termination is entered solely for the purpose of removing this case from the Court's active calendar. If a motion to confirm or vacate the arbitral award is necessary, it may be filed under this cause number.

Defendants' pending motion to compel arbitration (Dkt. # 11) is hereby DENIED as moot, but without prejudice to its refiling should plaintiff fail to initiate arbitral proceedings as specified in the stipulation.

Source:  Leagle

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