BancAmerica Commercial Corp. v. Brown

OPINION

FERNANDEZ, Chief Judge.

Petitioner filed a special action to challenge the trial court’s order quashing a writ of attachment and releasing an attachment bond. The property involved is the subject of a contract dispute that is to be arbitrated between the parties. Because we believe the trial court abused its discretion in quashing the writ of attachment and releasing the bond, and because petitioner is without an adequate remedy by means of an appeal, we assume jurisdiction and grant relief.

The case stems from a settlement agreement between petitioner BancAmerica Commercial Corporation…