Legal Opinion
Belzberg v. Verus Investments Holdings Inc.
New York Court of Appeals
Decided October 17, 2013PublishedCited by 60 opinions
1Opinion of the Court
OPINION OF THE COURT
Rivera, J.
In this CPLR article 75 proceeding, petitioner Samuel Belzberg (Belzberg) appeals an order of the Appellate Division that, inter alia, denied his application for a permanent stay of third-party arbitration claims (see 95 AD3d 713 [1st Dept 2012]). For the reasons that follow, we reverse.
In October 2008, Belzberg contacted a longtime business associate, Ajmal Khan, the principal of respondent Verus Investments Holdings Inc. (Verus), about an investment opportunity involving the purchase of securities in Fording Canadian Coal Trust to arbitrage a merger between…
2Cases cited12 opinions
- United Steelworkers v. Warrior & Gulf Navigation Co.Supreme Court of the United States · 1960
- Morris v. New York State Department of Taxation & FinanceNew York Court of Appeals · 1993
- Thomson-Csf, S.A. v. American Arbitration Association, Evans & Sutherland Computer CorporationCourt of Appeals for the Second Circuit · 1995
- Bridas S.A.P.I.C. v. Government of TurkmenistanCourt of Appeals for the Fifth Circuit · 2003
- Mag Portfolio Consult, Gmbh v. Merlin Biomed Group LLC and Merlin Biomed Advisors LLCCourt of Appeals for the Second Circuit · 2001
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3Cited by60 opinions
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- Revis v. SchwartzAppellate Division of the Supreme Court of the State of New York · 2020
- Degraw Construction Group, Inc. v. McGowan Builders, Inc.Appellate Division of the Supreme Court of the State of New York · 2017
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