Belzberg v. Verus Invsestments Holdings Inc.

Judgment and supplemental order, Supreme Court, New York County (Shirley Werner Kornriech, J), entered August 9, 2011, which, to the extent appealed from as limited by the briefs, *714granted the petition to permanently stay the arbitration as to petitioner Samuel Belzberg and denied the cross petition to compel Belzberg to arbitrate, unanimously reversed, on the facts and the law, without costs, the petition denied and the cross petition granted. The Clerk is directed to enter judgment accordingly.

In October 2008, petitioner-respondent Samuel Belzberg, an investor, and his friend Ajmal Khan,…