NAMA HOLDINGS, LLC v. GREENBERG TRAURIG LLP

2639, 2639A, 601054/08

76 A.D.3d 804 (2010)

907 N.Y.S.2d 211

NAMA HOLDINGS, LLC, et al., Respondents, v. GREENBERG TRAURIG LLP et al., Defendants, and SHAWN SAMSON et al., Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided September 7, 2010.


The IAS court properly found that this Court's May 26, 2009 order staying the proceeding expired by its terms upon the "arbitral determination," that is, the award by the arbitrators in the California arbitration. Nor did the court abuse its discretion by declining to stay the proceedings pending the defendants' appeal to the Ninth Circuit of a District Court decision holding that they had abandoned and waived their right to arbitrate...

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