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Contract Law Appellate Court Opinion

by Oumano, Emily

 

AC45274 - Fraser Lane Associates, LLC v. Chip Fund 7, LLC . (The defendant, Chip Fund 7, LLC, appeals from the judgments of the trial court confirming an arbitration award in favor of the plaintiff, Fraser Lane Associates, LLC, and denying the defendant’s application to vacate an arbitration award. On appeal, the defendant argues that the trial court erred because (1) the arbitration award violates public policy, (2) the arbitrator exceeded his authority under the arbitration agreement, and (3) the arbitrator manifestly disregarded the law. We disagree and, accordingly, affirm the judgments of the trial court.”)