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Dec 20

Written by: Eric Wolfram
12/20/2011 9:27 AM 

The only way to avoid an arbitration award is if the plaintiff wins too much money.  Award:  $9,290,000.00 breach of contract damages, $15,800,000.00 for wrongfully withheld payments, $1,290,000.00 attorney's fees and costs.

Trial court set aside, Court of Appeals reinstated, Supreme Court reversed and remanded to Court of Appeals.

Americo Life, Inc. v. Myer, No.10-0734, 55 Tex.S.Ct.J. 227 (Tex. 2011).

 

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