Injunction granted in an emergency relief action filed prior to the institution of arbitration to suspend insurance adjustment. Reporting judge's decision granting a stay of execution to an interlocutory appeal, allowing the insurance adjustment to proceed. Subsequent institution of arbitration. First-instance court declining jurisdiction in favor of the arbitral tribunal and dismissing the case. Upholding of the dismissal, with the caveat that, although "jurisdiction passes to the arbitral tribunal upon the institution of arbitration, [which] will reassess the relief granted by the judiciary, (…) the 'transfer' of jurisdiction does not mean a declination of jurisdiction." Although the dismissal occurred prior to the final judgment on the interlocutory appeal, the reporting judge's decision that allowed the adjustment to proceed "had in all likelihood already fulfilled its purpose," and from that point onward reassessment by the arbitrator would be appropriate: