Morgan Keegan & Co. v. William Hamilton Smythe, II, et al. (Argued in Memphis)

Date / Time: 
November 8, 2012 - 1:00pm

Lower Court Summary:

This appeal involves a trial court’s order vacating an arbitration award. The parties engaged
in arbitration over a dispute in which the respondent investors asserted that the petitioner
investment company mismanaged their funds. The investors prevailed and received a
substantial arbitration award against the investment company. The investment company filed
a petition in the trial court to vacate the arbitration award, alleging partiality and bias on the
part of two members of the arbitration panel. After a hearing, the trial court entered an order
vacating the arbitration award and remanding the matter to the regulatory authority for a
rehearing before another panel of arbitrators. The respondent investors now appeal. We
dismiss the appeal for lack of appellate jurisdiction.

Supreme Court
Western Section