Legal Opinion

Nauru Phosphate Royalties, Incorporated, (Texas) v. Drago Daic Interests, Incorporated

Court of Appeals for the Fifth Circuit

Decided April 29, 1998No. 97-20279PublishedCited by 54 opinions

1Opinion of the Court

PATRICK E. HIGGINBOTHAM, Circuit Judge:

Drago Daic Interests, Inc. appeals a district court order confirming the award granted to Nauru Phosphate Royalties (Texas), Inc. in an arbitration proceeding. The arbitration panel determined that DDI materially breached the Development Agreement between Nauru and DDI and held the beneficiaries of the agreement, Drago Daic, Trustee, and Montgomery-666, bound by its award. This case asks us to determine whether Nauru’s liability on the Promissory Note was properly before the arbitration panel. We hold that the arbitration panel did not exceed its…

2Cases cited18 opinions

  1. First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
  2. United Paperworkers International Union v. Misco, Inc.Supreme Court of the United States · 1987
  3. Aubie BALTIN; Gwilda Baltin, Plaintiffs-Appellants. v. ALARON TRADING CORPORATION, Defendant-AppelleeCourt of Appeals for the Eleventh Circuit · 1997
  4. Sunkist Soft Drinks, Inc., Del Monte Corporation, Nabisco Brands, Inc. v. Sunkist Growers, Inc.Court of Appeals for the Eleventh Circuit · 1993
  5. Pyramid Securities Limited v. Ib Resolution, IncCourt of Appeals for the D.C. Circuit · 1991

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3Cited by54 opinions

  1. Howery v. Allstate Ins CompanyCourt of Appeals for the Fifth Circuit · 2001
  2. Shaw Constructors, Cross-Appellee v. Icf Kaiser Engineers, Inc., Pcs Nitrogen Fertilizer, L.P.Court of Appeals for the Fifth Circuit · 2004
  3. Williams v. Cigna Financial Advisors Inc.Court of Appeals for the Fifth Circuit · 1999
  4. Acosta v. Master Maintenance & Construction Inc.Court of Appeals for the Fifth Circuit · 2006
  5. Pridgen v. Green Tree Financial Servicing Corp.District Court, S.D. Mississippi · 2000

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