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Telco Group, Inc. v. Ameritrade, Inc.

United States District Court, D. Nebraska
Jul 30, 2007
8:05CV387 (D. Neb. Jul. 30, 2007)

Opinion

8:05CV387.

July 30, 2007


ORDER


This matter is before the court on the parties' respective responses, Filing No. 99 and Filing No. 100, to the court's earlier order to show cause, Filing No. 98. Upon consideration of the parties' arguments, the court finds the stay pending arbitration should remain in effect, however, plaintiff's action will be dismissed with prejudice for failure to prosecute unless plaintiff initiates arbitration of its claim, in accordance with the arbitration clause in the agreement between the parties, within 90 days of the date of this order. Accordingly,

IT IS HEREBY ORDERED:

1. The court's earlier order staying this action pending arbitration (Filing No. 96) shall remain in force and effect.

2. Plaintiff shall initiate arbitration proceedings and inform the court within 90 days of the date of this order or this action is subject to dismissal with prejudice.


Summaries of

Telco Group, Inc. v. Ameritrade, Inc.

United States District Court, D. Nebraska
Jul 30, 2007
8:05CV387 (D. Neb. Jul. 30, 2007)
Case details for

Telco Group, Inc. v. Ameritrade, Inc.

Case Details

Full title:TELCO GROUP, Inc., individually and on behalf of all persons similarly…

Court:United States District Court, D. Nebraska

Date published: Jul 30, 2007

Citations

8:05CV387 (D. Neb. Jul. 30, 2007)