Legal Opinion

Kyung Sup Ahn, M.C., P.C. v. Rooney, Pace Inc.

District Court, S.D. New York

Decided December 19, 1985No. 85 Civ. 3424 (CBM)PublishedCited by 51 opinions

1Opinion of the Court

MEMORANDUM OPINION

MOTLEY, Chief Judge.

In this action alleging securities fraud under the Securities and Exchange Act of 1934, and also common law fraud, defendants have moved for a stay pending arbitration. Plaintiff has cross-moved for a determination that there is no basis for arbitration of plaintiffs’ claims and for an order declaring defendant’s arbitration demand invalid and a nullity. For the reasons that follow, defendants’ motion to stay pending arbitration is denied, and correspondingly, plaintiffs’ motion is granted.

Facts

In 1980 plaintiff Kyung Sup Ahn, an individual wishing to set…

2Cases cited13 opinions

  1. United Steelworkers v. Warrior & Gulf Navigation Co.Supreme Court of the United States · 1960
  2. Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
  3. Dean Witter Reynolds Inc. v. ByrdSupreme Court of the United States · 1985
  4. Port Chester Electrical Construction Corp. v. AtlasNew York Court of Appeals · 1976
  5. Meese v. MillerAppellate Division of the Supreme Court of the State of New York · 1981

8 more not listed; retrieve them via the Exa API.

3Cited by51 opinions

  1. Cargill International S.A., and Cargill, B v. V. M/t Pavel Dybenko, Her Engines, Tackle, Etc., in Rem Novorossiysk Shipping Co., in PersonamCourt of Appeals for the Second Circuit · 1993
  2. Arrants v. BuckCourt of Appeals for the Fourth Circuit · 1997
  3. National Union Fire Insurance v. DeloachDistrict Court, S.D. New York · 1989
  4. Basic Books, Inc. v. Kinko's Graphics Corp.District Court, S.D. New York · 1991
  5. Thomas S. McPheeters III v. McGinn Smith and Company, Inc. Robert O. O'Farrell and David SmithCourt of Appeals for the Second Circuit · 1992

46 more not listed; retrieve them via the Exa API.

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