PE Investor Must Arbitrate Poaching Claim Against Partner

Law360, New York (April 26, 2013, 6:13 PM EDT) -- A San Francisco private equity investor was ordered Friday to arbitrate claims accusing his partner at Blackford Capital Associates LLC of poaching the firms’ clients for his own similarly named side business.

U.S. District Judge Phyllis J. Hamilton dismissed Anthony P. Kiehn’s claims against Blackford partner Martin Stein with prejudice, granting Stein’s request to compel arbitration based on the terms of the operating agreement under which the pair founded Blackford.

That agreement required them to mediate any dispute between them relating to the firm and, if...
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