Bharat B. Patel v. BancorpSouth Bank

for the Court:

¶ 1. Bharat B. Patel, New Vision Brandon Plaza LLC, and Jagdish A. Barot (collectively “the Defendants,” unless the context dictates otherwise) appeal a Lee County Circuit Court judgment in favor of BaneorpSouth that denied Patel’s motion to compel arbitration. Finding that the circuit court misapplied the law, we reverse and render the judgment of the circuit court and remand.this case with directions to dismiss BancorpSouth’s lawsuit, and send the case to binding arbitration.

PROCEDURAL HISTORY AND STATEMENT OF THE FACTS

1f 2. In 2009, BaneorpSouth held a deed of trust on a…