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MISSION RES. v. TRIPLE NET PROPERTIES

Record No. 062250.

654 S.E.2d 888 (2008)

MISSION RESIDENTIAL, LLC v. TRIPLE NET PROPERTIES, LLC.

Supreme Court of Virginia.

January 11, 2008.

Attorney(s) appearing for the Case

John A. Burlingame (Donnie L. Kidd; Squire, Sanders & Dempsey, on briefs), Tysons Corner, for appellant.

Andrew K. Clark, (Everette G. Allen, Jr.; Ronald P. Herbert; Robert William Best; LeClair Ryan, on brief), Richmond, for appellee.

Present: HASSELL, C.J., KEENAN, KOONTZ, KINSER, LEMONS, and AGEE, JJ., and RUSSELL, S.J.

OPINION BY Senior Justice CHARLES S. RUSSELL.

This is an appeal from an order denying a motion to stay arbitration proceedings pursuant to Code § 8.01-581.02(B).

Facts and Proceedings

The facts are not in dispute. In 2004, Triple Net Properties, LLC (Triple) was a firm engaged in the business of syndicating commercial properties for sale to investors as real estate securities. Mission Residential, LLC (Mission) was a firm with expertise...

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