First Capital Real Estate Invs., L.L.C. v. SDDCO Brokerage Advisors, LLC

John G. Koeltl, United States District Judge

The petitioner, First Capital Real Estate Investments, LLC ("First Capital"), seeks to vacate arbitration award issued by the Financial Industry Regulatory Authority, Inc. ("FINRA") in favor of respondent SDDCO Brokerage Advisors, LLC ("SDDCO"). SDDCO cross petitions to confirm the award and seeks prejudgment interest and attorneys' fees.

I

The underlying arbitration1 was a FINRA arbitration pursuant to a placement *192agreement (the "Placement Agreement") in which First Capital agreed to pay SDDCO a 10 percent fee if SDDCO was able to obtain financing…