Yudin v. Knight Industries Corp.

This case is an accelerated appeal from a judgment of the Lucas County Court of Common Pleas. Appellants Ross Yudin and Murray Yudin are appealing the trial court’s stay, pending arbitration, of their complaint for a preliminary injunction. For the reasons discussed below, we reverse the decision of the trial court.

The facts of this case, up to the summer of 1995, are as follows. Knight Industries Corporation is a close corporation equally owned by the Yudin and Ebeid families, including Ross Yudin, Murray Yudin and appellee Russell J. Ebeid. Murray Yudin and Russell Ebeid each own fifty…