Texas Commerce Bank v. Universal Technical Institute of Texas, Inc.

OPINION

OCONNOR, J.

This is an interlocutory appeal in which Texas Commerce Bank, National Association (TCB), appeals the trial court’s orders vacating an arbitration award against Universal Technical Institute of Texas, Inc. (UTI), the appellee. We affirm the trial court’s orders and remand to the trial court for further proceedings.

Background

UTI sued TCB and Anita N. Parker, UTI’s former employee, for cashing improperly endorsed checks in excess of $300,000. 1 The parties entered a written arbitration agreement. The agreement provided it could be revoked by any party if one of the arbitrators…