Steffes v. DeLapp

HUNTER, Judge.

Ronnie Lee DeLapp (“DeLapp”) and RLD Investments, LLC (“RLD”) (collectively “defendants”) appeal from an order entered 14 February 2005 denying defendants’ motion to compel arbitration. For the reasons stated herein, we reverse and remand the order for further findings.

RLD and David B. Steffes (“plaintiff’) were co-owners of a corporation known as Elkanah Productions, Inc. (“Elkanah”). Elkanah executed a promissory note in favor of plaintiff on 26 October 2000 in the amount of $150,000.00. Elkanah began operating a nightclub in March 2001 known as the Varga Lounge at 305 West…