54 A.D.2d 665 | N.Y. App. Div. | 1976
Judgment, Supreme Court, New York County, entered May 11, 1976, dismissing petition for stay of arbitration and granting cross petition to direct the parties to proceed to arbitration is affirmed, with $40 costs and disbursements to respondents. The stay pending appeal by order of this court dated August 26, 1976 is vacated. Petitioner seller (hereinafter "Joseph”), based in Minnesota, and respondent buyer (hereinafter "Toufic”), based in France and Lebanon, entered into an oral agreement for the sale by Joseph to Toufic of a quantity