Nature of Proceedings: Motion Compel Arbitration and Stay Judicial Proceedings; Motion Preliminary Injunction CASE: Jonas Svensson, individually and derivatively on behalf of i073 Investments, Inc. v. i073 Investments, Inc., et al., Case No. 20CV01556 (Judge Sterne) HEARING DATE: July 27, 2020 MATTER: 1. Motion to Compel Arbitration and Stay Proceedings 2. Motion for Preliminary Injunction ATTORNEYS: Alan D. Condren for Plaintiff Jonas Svensson Steven M. Selna for Defendants i073 Investments, Inc., Tristan Strauss, and Brian Casey 1. Motion to Compel Arbitration TENTATIVE RULING: Defendants’ motion to compel arbitration of plaintiff’s sixth and seventh causes of action for breach of contract and declaratory relief is granted. The arbitrable claims, however, are ordered stayed pending trial of plaintiff’s first through fifth causes of action. BACKGROUND: Plaintiff Jonas Svensson (“Svensson”) is a current shareholder and former employee of defendant i073 Investments, Inc. (the “Company”)