By: Derek Hawkins//April 6, 2020//
7th Circuit Court of Appeals
Case Name: INTL FCStone Financial Inc. v. Dave Jacobson, et al.,
Case No.: 19-2111; 19-2123
Officials: MANION, KANNE, and BRENNAN, Circuit Judges.
Focus: Arbitration
Investors in commodities futures appeal an order to arbitrate their trading disputes. But they stumble out of the blocks: our review is limited to “final decisions of the district courts.” 28 U.S.C. § 1291. Here, the district court ordered arbitration and designated an arbitration forum, then stayed the case to address related issues, including the arbitration venue. Put more simply, the district court made non‐final decisions.
Although statutory exceptions exist to the rule of finality, none apply here. Because this case remained open to resolve certain issues, we dismiss defendants’ appeal for lack of jurisdiction.
Dismissed
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