Appellate Division of the Supreme Court of the State of New York May 15, 1986 (In re the Arbitration between Mostek Corp. & North American Foreign Trading Corp.)

— Order, Supreme Court, New York *384County (Evans, J.), entered January 24, 1985, following a nonjury trial which (1) adjudged that no valid agreement to arbitrate had been made, and (2) granted petitioner’s application permanently to stay arbitration, unanimously reversed, on the law, the application to stay arbitration is denied and the parties are directed to proceed with arbitration, without