Qestec, Inc. v. Krummenacker

MEMORANDUM AND ORDER

GORTON, District Judge.

This case arises out of a dispute among shareholders in a close corporation. Now pending before this Court are plaintiffs’ application to compel arbitration and to stay proceedings pending resolution of arbitration (Docket No. 8) and defendant’s cross motion to stay arbitration (Docket No. 11).

I. Background

Plaintiff Qestec, Inc. (“Qestec”) is a Massachusetts corporation with a principal place of business in Auburn, Massachusetts. Plaintiff William P. Moulin (“Mou-lin”), the President and a director of Qes-tec, is a Massachusetts resident. Plaintiff…