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ALTER v. ENGLANDER

No. 95 Civ. 4131 (SHS).

901 F.Supp. 151 (1995)

L. William ALTER, Jr., Plaintiff, v. Israel A. ENGLANDER; the Englander Capital Corp.; Aegis Partners Specialist Joint Account; Martin Weinburg; and Dennis Poster, Defendants.

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

October 24, 1995.

Attorney(s) appearing for the Case

Gold & Wachtel, New York City, for plaintiff.

Sexter & Warmflash, New York City, for defendants.

MEMORANDUM AND ORDER

STEIN, District Judge:

Plaintiff L. William Alter brings this diversity action for breach of contract. Defendants have moved for an order pursuant to 9 U.S.C. §§ 3 and 4 staying the proceedings and compelling arbitration. For the reasons that follow, defendants' motion is granted insofar as arbitration is compelled and the action is dismissed without prejudice.

Background

In September 1988, a...

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