The appellant challenges a judgment confirming an arbitration award. The evidence supports the conclusion that the parties reached a binding agreement to arbitrate even though they did not sign the contract. If an arbitration panel has been granted authority by the parties to award a non-statutory rate of post-judgment interest, and if it wishes to do so, it must expressly award "postjudgment interest." The judgment is affirmed. 5th U.S. Circuit Court of Appeals, No. 12-20100, 05-03-2013.
Tricon Energy Limited v. Vinmar International Limited
May 16, 2013