Acme-Wiley Holdings, Inc. v. Buck

This interlocutory appeal arises from an order of the circuit court of Cook County denying plaintiffs Acme-Wiley, Icon and Stonebridge’s motion to stay arbitration of claims asserted by defendant Sieg Buck.

The pertinent facts are as follows. Sieg Buck was hired by Icon as its chief executive officer in November of 2000. Buck and plaintiffs entered into an employment agreement which set out such matters as defendant’s base salary, annual bonuses, employee benefits, equity participation, etc. It further provided:

“SEVERANCE — In the event we terminate your employment for any reason other than…