Ebasco Constructors, Inc. v. Ahtna, Inc.

OPINION

MATTHEWS, Justice.

This is an appeal of the superior court’s confirmation of an arbitration proceeding and of its decision to add prejudgment interest to the arbitrator’s award. We affirm in part and reverse in part.

I. FACTS & PROCEEDINGS

The arbitration proceeding at issue involved a dispute concerning a joint venture agreement (“JVA”) between Ahtna and En-serch, a predecessor to Ebasco Constructors, Inc. (Ebasco). The JVA was formed as part of an effort by Ebasco to win a subcontract with General Electric Company for work on an Air Force project. The project eventually was canceled.…