Texas court vacates $26 million arbitration award | Practical Law

Texas court vacates $26 million arbitration award | Practical Law

In Americo Life, Inc v. Myer, the Supreme Court of Texas ruled that because an arbitration panel had been formed contrary to the terms of the arbitration agreement, its award was void.

Texas court vacates $26 million arbitration award

Practical Law UK Legal Update 4-572-7046 (Approx. 4 pages)

Texas court vacates $26 million arbitration award

by Practical Law Arbitration
Law stated as at 20 Jun 2014 • Texas
In Americo Life, Inc v. Myer, the Supreme Court of Texas ruled that because an arbitration panel had been formed contrary to the terms of the arbitration agreement, its award was void.