123871P.pdf   12/18/2013  John Cottrell  v.  Michael Duke
   U.S. Court of Appeals Case No:  12-3871
   U.S. District Court for the Western District of Arkansas - Texarkana   
   [PUBLISHED] [Shepherd, Author, with Murphy and Melloy, Circuit Judges] 
   Civil case. Where the district court stayed and administratively 
   terminated federal proceedings in favor of a substantially similar state 
   court proceeding that would have the realistic effect of precluding any 
   future proceedings in federal court, the order was final and appealable; 
   the district court erred in utilizing Colorado River Water Conservation 
   District v. United States to stay a federal shareholder-derivative 
   proceeding which contained a valid claim within the exclusive jurisdiction 
   of the federal courts; while the district court has inherent power to stay 
   proceedings in the interest of controlling its docket, the stay here was 
   an abuse of the district court's discretion; on remand, the district court 
   may impose a more finite and less comprehensive stay if it concludes that 
   such a stay properly balances the rights of the parties and serves the 
   interest of judicial economy.