GRABERT v. GRECO

No. 96-CA-0415.

686 So.2d 1032 (1996)

Charles S. GRABERT v. Clarence A. GRECO, Prestige Yachts, Inc., a Louisiana Corporation and Prestige Yachts, Inc., a Florida Corporation.

Court of Appeal of Louisiana, Fourth Circuit.

Writ Denied March 14, 1997.


Attorney(s) appearing for the Case

Yvonne Chalker, Jerry F. Palmer, Scott D. Morgan, Elkins & Associates, New Orleans, for Appellee.

Clarence F. Favret, III, Favret, Demarest, Russo & Lutkewitte, New Orleans, for Appellants.

Before SCHOTT, C.J., and BARRY and LANDRIEU, JJ.


LANDRIEU, Judge.

At issue in this case is whether the arbitration clause of an agreement between the parties is enforceable. The trial court granted appellee's petition to enforce arbitration and we affirm.

FACTS

In 1993, Charles Grabert formed and incorporated Prestige Yachts, Inc., a Louisiana corporation. That year, Clarence A. Greco purchased a fifty (50%) percent ownership in the company and Grabert retained the other fifty (50%) percent. Greco...

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