BANQUE DE PARIS ET DES PAYS-BAS v. AMOCO OIL CO.

No. 82 Civ. 4441 (ADS).

573 F.Supp. 1464 (1983)

BANQUE DE PARIS ET DES PAYS-BAS, Plaintiff, v. AMOCO OIL COMPANY, Defendant.

United States District Court, S.D. New York.

October 31, 1983.


Attorney(s) appearing for the Case

Wender, Murase & White, New York City, for plaintiff; Lance Gotthoffer, Peter J. Gartland, Alden Myers, Cory D. Heith, New York City, of counsel.

Townley & Updike, New York City, for defendant; James K. Leader, New York City, of counsel.


OPINION AND ORDER

SOFAER, District Judge.

The federal courts enforce arbitration agreements in the wholehearted spirit intended by Congress. In considering a motion to compel arbitration or to stay judicial proceedings pending arbitration, a district court is limited to satisfying itself that the parties reached an agreement to arbitrate and that a party has failed to perform that agreement. The court may not even consider whether the nonperforming party...

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