GOLDMAN, SACHS & CO. et al v. ATHENA VENTURE PARTNERS, L.P.
Filing
14
MEMORANDUM AND ORDER THAT THE MOTION TO VACATE AND REMAND IS GRANTED, THE APPLICATION TO CONFIRM AWARD IS DENIED, THE FINRA DISPUTE RESOLUTION AWARD ENTERED ON 3/13/13 IS VACATED AND THIS MATTER IS REMANDED TO FINRA FOR APPOINTMENT OF A NEW ARBITRATION PANEL, RE-HEARING OF THE EVIDENCE DE NOVO AND DECISION. SIGNED BY HONORABLE J. CURTIS JOYNER ON 8/1/13. 8/1/13 ENTERED & E-MAILED.(fdc)
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
GOLDMAN, SACHS & CO.,
SCOTT T. SHEFFER, and
ERIC W. GETTLEMAN
:
:
: NO. 13-MC-130
:
Applicants
:
:
vs.
:
:
ATHENA VENTURE PARTNERS, L.P. :
:
Respondent
:
ORDER
AND NOW, this
1st
day of August, 2013, upon
consideration of the Application of Goldman, Sachs & Co., Scott
T. Sheffer and Eric W. Gettleman to Confirm Arbitration Award
(Doc. No. 1) and the Motion of Athena Venture Partners, L.P. to
Vacate and Remand Arbitration Award (Doc. No. 4), it is hereby
ORDERED that the Motion to Vacate and Remand is GRANTED, the
Application to Confirm Award is DENIED, the FINRA Dispute
Resolution Award entered on March 13, 2013 is VACATED and this
matter is REMANDED to FINRA for appointment of a new arbitration
panel, re-hearing of the evidence de novo and decision.
BY THE COURT:
s/J. Curtis Joyner
J. CURTIS JOYNER,
J.
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