Mentor Capital Inc (MNTR)

[mlgreen875]

MNTR compelled to arbitrate. Bhang motion granted.

Case # 3:14-CV-3630 LB

United State District Court
Northern District of California
San Francisco Division

"ORDER COMPELLING ARBITRATION AND STAYING CASE"

INTRODUCTION

"This case arises from a soured commercial-investment contract. The parties dispute neither the existence nor the terms of the contract. The contract has a clause providing that any party 'may demand' the arbitration of 'any dispute' between the parties. The court holds that, under that clause, this case must be sent to arbitration. The court further compels the parties to arbitrate this dispute. The court stays this lawsuit pending the outcome of the arbitration, and retains jurisdiction of this case to the limited extent that federal law permits it to do so. The court finds this matter suitable for disposition without a hearing under Civil Local Rule 7."

CONCLUSION

"The court grants Bhang's motion to compel arbitration. The parties are ordered to submit this dispute to arbitration under the terms of their contract. The court stays further proceedings in this lawsuit pending the result of arbitration. The court retains jurisdiction of this case for those purposes for which federal arbitration law permits it (to) do so."

IT IS SO ORDERED

November 19, 2014

Laurel Beeler
United States Magistrate Judge



I wonder if Chester will put this very relevant information on his news feed and put it out on business wires?