Petitioner moves pursuant to CPLR 7503 (subd [b]) to permanently stay the arbitration proceeding instituted against it by respondent.
The underlying dispute involves a contract for the sale of 200 metric tons of coffee entered into between petitioner as seller and respondent as buyer on November 16, 1977. The contract contained a broad arbitration clause. Bills of lading representing ownership of the coffee were concurrently...
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