Forsythe International, S.A. v. Gibbs Oil Company of Texas
Court of Appeals for the Fifth Circuit
1Opinion of the Court
REAVLEY, Circuit Judge:
An arbitration panel awarded appellant Forsythe International, S.A. (“Forsythe”) damages for breach of an oral contract by Gibbs Oil Company (“Gibbs”). The district court vacated the award and remanded the cause to a new panel, finding that Forsythe fraudulently procured the award and that the panel was guilty of misconduct for refusing to hear material evidence or act on the allegations of misrepresentation against Forsythe. We reverse the judgment and remand the case to the district court.
I. FACTS
Gibbs agreed to sell Forsythe approximately 78,000 metric tons of fuel…
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