Americrete, Inc. v. West Alabama Lime Co.

¶ 18. The initial agreement between plaintiff West Alabama and defendant Am-ericrete provided for arbitration of any disputes which might arise from the sale of the Alabama properties owned by West Alabama. The chancellor however initially rejected arbitration because, in his view, it was unenforceable in Mississippi. Whereupon, the parties reached an additional understanding and agreement that called for a limited hearing by arbitration and provided for judicial review by the chancery court and confirmation or rejection of the arbitration panel’s findings and opinion. Accordingly, an Agreed.…