Legal Opinion
Bear Stearns & Co. v. N.H. Karol & Associates, Ltd.
District Court, N.D. Illinois
Decided November 15, 1989No. 89 C 6909PublishedCited by 11 opinions
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
ASPEN, District Judge:
Bear Stearns & Co., Inc. has brought a petition for an order directing N.H. Karol & Associates, Ltd., Nathaniel H. Karol and Liliane L. Karol (“Karols”) to arbitrate before the National Association of Securities Dealers (“NASD”). The Karols have responded by filing a motion to stay any proceedings related to Bear Stearns’ petition. For the reasons given below, we deny the Karols’ motion and order the parties to submit their dispute to arbitration before the NASD.
Procedural History
On November 25, 1987, the Karols filed an action in this court…
2Cases cited10 opinions
- At&T Technologies, Inc. v. Communications WorkersSupreme Court of the United States · 1986
- Shearson/American Express Inc. v. McMahonSupreme Court of the United States · 1987
- Scherk v. Alberto-Culver Co.Supreme Court of the United States · 1974
- International Association of MacHinists and Aerospace Workers, Progressive Lodge No. 1000 v. General Electric CompanyCourt of Appeals for the Seventh Circuit · 1989
- Comprehensive Accounting Corporation v. Glenn L. Rudell and Jean C. RudellCourt of Appeals for the Seventh Circuit · 1985
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3Cited by11 opinions
- Encyclopaedia Universalis S.A. v. Encyclopaedia Britannica, Inc., Docket No. 04-0288-CvCourt of Appeals for the Second Circuit · 2005
- Universal Reinsurance Corporation v. Allstate Insurance CompanyCourt of Appeals for the Seventh Circuit · 1994
- Cowen & Co. v. AndersonNew York Court of Appeals · 1990
- Cargill Rice, Inc. v. Empresa Nicaraguense Dealimentos BasicosCourt of Appeals for the Fourth Circuit · 1994
- Shearson Lehman Bros., Inc. v. BradyDistrict Court, D. Massachusetts · 1992
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