DT-Trak Consulting, Inc. v. Prue

GILBERTSON, Chief Justice.

[¶ 1.] Dan Prue sold his majority interest in DT-Trak Consulting, Inc. (DT-Trak), a medical coding business, for a lump-sum payment and several annual payments. DT-Trak withheld an annual payment, asserting that Prue had violated the Stock Purchase Agreement. The matter proceeded to arbitration. A three- member arbitration panel made an award in Prue’s favor. DT-Trak sought to vacate the award, alleging that the arbitrator it selected demonstrated evident partiality, and that the panel’s findings of fact and conclusions of law were insufficient. The circuit court…