Louisiana Natural Gas Pipeline, Inc. v. Bludworth Bond Shipyard, Inc.

OPINION

HUTSON-DUNN, Justice.

This is an appeal from a summary judgment awarded to Bludworth Bond Shipyard, Inc. (Bludworth), appellee, against Louisiana Natural Gas Pipeline, Inc. (LNGP), appellant. A statement of the uncontroverted facts is necessary before considering appellant’s points on appeal.

In 1991, LNGP hired Bludworth to restore LNGP’S ship, Rhea. After work began, disputes arose, which both parties agreed to arbitrate. The arbitrators issued initial findings awarding Bludworth $57,195.67. Blud-worth collected this award out of a letter of credit that LNGP had secured.

On the request…