Legal Opinion

Buy-Rite Costume Jewelry, Inc. v. Albin

District Court, D. Rhode Island

Decided January 6, 1988No. Civ. A. 87-395 LPublishedCited by 1 opinion

1Opinion of the Court

MEMORANDUM AND ORDER

LAGUEUX, District Judge.

This matter is before the Court on the motion of defendant, David Albin, to stay this action under Section 3 of the Federal Arbitration Act (9 U.S.C. § 3), and because of the existence of a similar proceeding between the parties in the Superior Court of the State of Rhode Island.

According to the allegations of the complaint filed here, Joseph Spano, then an employee and now the President of Buy-Rite Costume Jewelry, Inc. (“Buy-Rite”), acquired the stock of Four Seasons Jewelry Company (“Four Seasons”) from Albin pursuant to a Stock Acquisition…

2Cases cited12 opinions

  1. Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
  2. Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
  3. Landis v. North American Co.Supreme Court of the United States · 1936
  4. Prima Paint Corp. v. Flood & Conklin Mfg. Co.Supreme Court of the United States · 1967
  5. Scherk v. Alberto-Culver Co.Supreme Court of the United States · 1974

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3Cited by1 opinion

  1. O & Y Landmark Associates of Virginia v. NordheimerDistrict Court, District of Columbia · 1989

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