5th Circ. Denies Stay In $75M Real Estate Loan Fight

Law360, New York (November 2, 2011, 5:35 PM EDT) -- The Fifth Circuit on Tuesday affirmed a Texas federal court's decision not to stay a suit against developer Miller Sheridan LLC pending its appeal of the court's refusal to compel Weingarten Realty Investors to arbitrate a dispute over a $75 million loan.

In a published ruling, the Fifth Circuit determined that a federal court decision on Miller's appeal would not determine the merits of the entire case, making a stay unnecessary.

While the case revolves around the question of which party has correctly interpreted the terms...
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