NORTHERN TANKERS CYPRUS LTD. v. LEXMAR CORP.

No. 90 Civ. 6777 (JES).

781 F.Supp. 289 (1992)

NORTHERN TANKERS CYPRUS LTD., Plaintiff, v. LEXMAR CORP. & Starlux Corp., Defendants.

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

January 15, 1992.


Attorney(s) appearing for the Case

Healy & Baillie, New York City (John D. Kimball, of counsel), for plaintiff.

Thelen, Marrin, Johnson & Bridges, New York City (Paul A. Winick, of counsel), Christopher P. Keane, New York City, for defendants.


MEMORANDUM OPINION AND ORDER

SPRIZZO, District Judge.

Defendant in the above-captioned action moves to stay this action in favor of arbitration. For the reasons that follow, defendant's motion is granted.

FACTS

During the period of June 27, 1990 through August 30, 1990, representatives of Sea Team, the Norwegian agent for Northern Tankers Cyprus Limited ("Northern Tankers") negotiated with Lexmar Corporation of Liberia ("Lexmar")

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