SEARCH

Shubin v. Slate Digital Inc.

Arbitration Compelled But Arbitrator Must Decide if Claims Fall in Scope of Arbitration

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OPINION & ORDER Plaintiff Yury Shubin (“Shubin”) brought claims against Slate Digital, Inc. (“Slate”), Michael Horton (“Horton”), William L. Brooke (“Brooke”), and Eric Stark (“Stark”) (together, “defendants”) in the New York State Supreme Court in Manhattan, claiming that defendants had acted unlawfully in stripping him of his vested shares after he was terminated from Slate. His suit charged, inter alia, fraudulent inducement, breach of fiduciary duty, conversion, and a violation of the New York Labor Law §193. Shubin then moved for injunctive relief. While that motion was pending, defendants timely removed the case to federal court on the basis of diversity jurisdiction. Defendants now move to compel arbitration of Shubin’s claims. They also seek fees and costs associated with moving to compel and opposing injunctive relief. For the following reasons, the Court grants the motion to compel arbitration, denies Shubin injunctive relief, denies the request to award fees and costs, and stays the case pending the completion of arbitration. I. Background¹ A. The Parties Shubin is a co-founder and shareholder of Slate. He resides in Sofia, Bulgaria. Compl. 2. Slate, a social media content creation platform, is a Delaware company, with its principal place of business in New York. Id.

1, 7. Horton is a co-founder and chief executive officer of Slate. Id. 3. Brooke is a co-founder and shareholder. Id. 4. Stark is a co-founder and chief operating officer. Id. 5. Horton and Brooke are New York residents; Stark is an Oregon resident. Id.

More From ALM

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

From Data to Decisions

Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.

Exclusive Depth and Reach.

Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.

Big Pictures and Fine Details

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.

British Legal Awards 2024

November 27, 2024
London

Celebrating achievement, excellence, and innovation in the legal profession in the UK.

Learn More

GlobeSt. Healthcare Real Estate 2024

December 02, 2024 - December 03, 2024
Scottsdale, AZ

Join the industry's top owners, investors, developers, brokers and financiers for the real estate healthcare event of the year!

Learn More

ThinkAdvisor LUMINARIES Awards 2024

December 11, 2024
Las Vegas, NV

This event shines a spotlight on how individuals and firms are changing the investment advisory industry where it matters most.

Learn More

Associate General Counsel, Global Employment

Role TitleAssociate General Counsel, Global EmploymentGrade F13Reporting ToSenior Legal Counsel, Global EmploymentProgram/Tool/ Department/U...

Apply Now ›

Associate Attorney

Ryan & Conlon, LLP, is a boutique firm specializing in insurance defense. We are a small eclectic practice with a busy and fast paced en...

Apply Now ›

INTELLECTUAL PROPERTY PROSECUTION PARALEGAL

INTELLECTUAL PROPERTY PROSECUTION PARALEGAL - NEW JERSEY OR NEW YORK OFFICESProminent mid-Atlantic law firm with multiple regional office lo...

Apply Now ›