99 COMMERCIAL STREET, INC. v. GOLDBERG

No. 92 Civ. 2879 (SS).

811 F.Supp. 900 (1993)

99 COMMERCIAL STREET, INC., Martin Kennedy and Clark McLain, Plaintiffs, v. Gary H. GOLDBERG and Gary Goldberg & Company, Defendants.

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

January 14, 1993.


Attorney(s) appearing for the Case

Alan Cohen, O'Melveny & Meyers, New York City, for plaintiffs.

Stephen Rinehart, Parker, Chapin, Flattan & Klimpl, New York City, for defendants.


MEMORANDUM OPINION AND ORDER

SOTOMAYOR, District Judge.

Defendants' motion presents the question of whether plaintiffs may be required to arbitrate claims under a brokerage agreement signed by an escrow agent. Controlling principles of arbitration, escrow, and agency law lead to the conclusion that plaintiffs may be so required and, therefore, this Court grants Defendants' request for an order, pursuant to the Federal Arbitration Act, 9 U.S.C. § 1 ...

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