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CAMPEAU CORP. v. MAY DEPT. STORES CO.

No. 89 Civ. 2690 (CSH).

723 F.Supp. 224 (1989)

CAMPEAU CORPORATION and Federated Department Stores, Inc., Plaintiffs, v. The MAY DEPARTMENT STORES COMPANY, Defendant.

United States District Court, S.D. New York.

October 24, 1989.

Attorney(s) appearing for the Case

Cravath, Swaine & Moore, New York City, for plaintiffs; Ronald S. Rolfe, Alden L. Atkins and Bernardo Burstein, of counsel.

Sullivan & Cromwell, New York City, for defendant; D. Stuart Meiklejohn, Patricia A. Connell and S. Arieh Zak, of counsel.

HAIGHT, District Judge:

Plaintiffs Campeau Corporation and Federated Department Stores, Inc. (hereinafter collectively "Campeau") bring this action for a declaratory judgment, based upon diversity of citizenship, against defendant The May Department Stores Company ("May"). Campeau seeks judicial construction of a contract with May pursuant to which the latter agreed to purchase certain assets from Campeau. May now moves to stay the action pending arbitration, on the...

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