In re the Arbitration between Groval Knitted Fabrics, Inc. & Alcott

Petitioners herein made application for an order pursuant to ¡subdivision (b) of CPLR 7503 staying arbitration between the parties hereto commenced by service of respondent’s demand for arbitration. Special Term, by order dated January 15, 1971, stayed arbitration pending a trial of the issues of fact raised by the petition and answer as to the validity and effectiveness of the underlying agreements to arbitrate and the. exact nature of the dispute.

The demand for arbitration refers to three contracts: a 1958 agreement and the January, 1959 and October 29, 1964 agreements. However, at the…