Parsons & Whittemore Alabama Machinery & Services Corp. v. Yeargin Construction Co.
Court of Appeals for the Eleventh Circuit
1Per curiam
In the appeal in this diversity case, Year-gin Construction Company challenges a district court’s calculation of interest accruing on an arbitration award. We disagree with the district court’s calculation of the interest and therefore reverse..
1. BACKGROUND
On November 29, 1979, an arbitration panel awarded appellant Yeargin Construction Company $5,300,000 to be paid by appellee Parsons & Whittemore. The panel stated that interest would accrue on the award at six percent until the award was paid. Parsons & Whittemore petitioned a district court to vacate the award, and Yeargin petitioned…
2Cases cited7 opinions
- Merit Insurance Company v. Leatherby Insurance Company A/K/A Western Employers Insurance CompanyCourt of Appeals for the Seventh Circuit · 1984
- Jones v. CaseySupreme Court of Alabama · 1983
- Boise Cascade Corporation, Etc. v. United Steelworkers of America, Afl-Cio, Local Union No. 7001Court of Appeals for the Fifth Circuit · 1979
- Degelos Bros. Grain Corporation v. Fireman's Fund Insurance Company of Texas, Orgulf Transport Company, IntervenorCourt of Appeals for the Fifth Circuit · 1974
- Kincade v. General Tire and Rubber Co.District Court, W.D. Texas · 1982
2 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Barrett v. Investment Management Consultants, Ltd.Colorado Court of Appeals · 2008
- Parsons & Whittemore Alabama MacHinery and Services Corporation and Parsons & Whittemore, Inc. v. Yeargin Construction Company, Inc., Yeargin Construction Company, Inc. v. Parsons & Whittemore Alabama MacHinery and Services Corporation and Parsons & Whittemore, Inc.Court of Appeals for the Eleventh Circuit · 1984
- Morcor Financial, LLC v. Lucida Construction Company, LLCDistrict Court, S.D. Alabama · 2022