In Re Merrill Lynch Trust Company Fsb, Merrill Lynch Life Insurance Company, and Henry Medina, Relators

Summary

The Texas Supreme Court held that the Alanizes' claims against Merrill Lynch employee Henry Medina are arbitrable under their cash‑management agreement, that the claims against Merrill Lynch Trust Company and Merrill Lynch Life Insurance are not subject to arbitration, and that the trial court must stay the litigation pending completion of the arbitration. Justice Johnson, dissenting, would have compelled arbitration of the affiliate claims based on equitable estoppel; Justice Hecht, dissenting, would have refused arbitration of any claims.