Coinmint, LLC v. Katena Computing Technologies, Inc.

I. INTRODUCTION

16 This is a breach of contract case between two bitcoin companies. Following arbitration that 17 resulted in a favorable judgment for Defendant Katena Computing Technologies, LLC (“Katena”), 18 it filed a “petition” to confirm the arbitration award. See Coinmint, LLC v. Katena Computing 19 Technologies, Inc., AAA Case No. 01-22-0001-7627 (2024) (Callahan, Glick, Turitz, Arbs.) 20 (hereinafter, “AAA Case No. 01-22-0001-7627”). Plaintiff Coinmint, LLC (“Coinmint”) opposes 21 that petition and moves to vacate the arbitration award. The instant order denies Coinmint’s 22 motion to vacate and grants Katena’s petition to confirm the arbitration award.

II. BACKGROUND

24 As a preliminary matter, a stay was imposed on December 1, 2023 upon request by Katena 25 concurrent with the order compelling arbitration. This order lifts the stay, given that arbitration 26 “has been had in accordance with the term of the agreement” between Coinmint and Katena. 9 27 U.S.C. § 3. “The power to stay proceedings is incidental to the power inherent in every court to control the disposition of the causes on its docket with economy of time and effort for itself, for counsel, and…