Blue Tee Corp. v. Koehring Company and United Dominion Industries, Inc., (Formerly Known as Amca International Corp.)

FEINBERG, Circuit Judge:

This appeal, which grows out of a fairly typical business deal, makes one wonder about the alleged speed and economy of arbitration in resolving commercial disputes. Thus far, the parties have been involved for over three years in three separate district court actions, two arbitrations and this appeal; in addition, one party seeks still further arbitration. As will be seen below, we think it is time to call these proceedings to a halt.

Blue Tee Corp. (Blue Tee) appeals from a final judgment entered in January 1993 in favor of appellees Koehring Company and United…