Monday, December 15, 2008

Stay pending resolution of Swedish arbitration of license rights granted

Motion to stay pending the resolution of a Swedish arbitration proceeding was granted because the arbitration "will aid this Court in resolving the claims [plaintiff] asserts here" including whether a license agreement was terminated. "While it is possible that, because [plaintiff] is not a party to that arbitration, it may not be bound by the arbitrators’ decision," the arbitration "may cast some additional light on the relevant Swedish legal principles, which govern both the Licensing and Sublicensing Agreements" at issue in the case.

Cobra North America, LLC v. Cold Cut Systems Svenska AB, 1-08-cv-00873 (COD December 11, 2008, Order).

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