Mesabi Iron Company, a Delaware Corporation v. Reserve Mining Company, a Minnesota Corporation, (Two Cases)

The appellant (defendant, herein referred to as “Mesabi”) has filed and submitted a motion for a stay, pending final determination of these appeals, of all proceedings and the suspension of the injunctive relief granted the appellee (plaintiff, referred to as “Reserve”) by the District Court. Reserve has opposed the requested stay.

The District Court granted Reserve a mandatory injunction to compel Mesabi to carry out the arbitration Article affecting two lease agreements between the parties covering low-grade iron ore land in Northern Minnesota. Under the agreements, Mesabi was to have…