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SEA SPRAY HOLDINGS, LTD. v. PALI FINANCIAL GROUP, INC.

No. 03 Civ. 1988(VM).

269 F.Supp.2d 356 (2003)

SEA SPRAY HOLDINGS, LTD., Plaintiff v. PALI FINANCIAL GROUP, INC. and Buyers United, Inc., Defendants

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

June 20, 2003.

Attorney(s) appearing for the Case

Eric J. Grannis, New York City, for defendants.

DECISION AND ORDER

MARRERO, District Judge.

Plaintiff Sea Spray Holdings, Ltd. ("Sea Spray") commenced two proceedings in the New York State Supreme Court, New York County, against Pali Financial Group, Inc. ("Pali") and Buyers United, Inc. ("Buyers"), seeking to recover obligations asserted pursuant to a promissory note. That court issued an order directing a stay of arbitration proceedings that Buyers had commenced in Salt Lake City, Utah before...

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