Jack R. Allen & Company v. Wyler Textiles, Ltd.

BATEMAN, Justice.

The appellant, Jack R. Allen & Company, herein called Allen, appeals from a summary judgment rendered against it in favor of appellee, Wyler Textiles, Ltd., of Hong Kong, herein called Wyler. Allen contracted in writing to sell 500 bales of cotton to Wyler, the contract providing that any disputes arising from the transaction should be referred for arbitration to the Liverpool Cotton Association, whose decision should be final and binding. Only 150 bales were delivered under the contract; Wyler claimed damages for failure to deliver the remaining 350 bales; the dispute was…