Texas Justices To Decide If Arbitrator DQ Voids $26M Award

Law360, Dallas (August 23, 2013, 9:50 PM EDT) -- The Texas Supreme Court on Friday agreed to hear an insurer's argument a $26.4 million arbitration award should be thrown out because the American Arbitration Association removed its selection for an independent panelist.

A group of five insurance companies, including Americo Life Inc. and the Great Southern Life Insurance Co., told the court an arbitration panel that awarded Robert Myer and his Strider Marketing Group Inc. damages for its alleged breach of a financing agreement was improper after the AAA stepped in to replace an arbitrator...
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