Marathon Oil Co. v. ARCO Alaska, Inc.

OPINION

FABE, Justice.

I. INTRODUCTION

Marathon Oil Company appeals the superi- or court’s decision upholding an arbitration award and granting ARCO Alaska, Inc. eighty percent of the attorney’s fees it incurred in defending the award. Marathon argues that we should correct or vacate the award pursuant to AS 09.43.120(a) because (i) the arbitrators exceeded their powers by re versing a portion of the liability decision; (ii) the arbitrators conducted the proceedings in a prejudicial manner by failing to hold a hearing examining their power to reverse; (iii) the arbitrators were estopped from…