Salsitz v. Kreiss Modification of September 20, 2001, Opinion Upon Denial of Rehearing

Docket No. 89156–Agenda 18–May 2000.

NEIL SALSITZ et al ., Appellants, v. FRITZ KREISS et al ., Appellees.

Opinion filed September 20, 2001.

At issue in this case is the arbitrability of certain disputes between plaintiffs, Neil Salsitz, Biagio D’Ugo, and New Horizon Productions, Ltd., and defendants, Fritz Kreiss and Alternative Utility Services of IL, Inc.

BACKGROUND

On March 9, 1994, Neil Salsitz and Biagio D’Ugo executed letters of understanding, dated November 17, 1993, whereby each agreed to invest $6,500 in Alternative Utility Services of IL, Inc. (AUS). Fritz Kreiss executed the letters of…