California Court of Appeal

Trial court's judgment confirming an arbitration award against defendant-investor for breach of fiduciary duty, arising from his failure to disclose an investment opportunity to his real estate investment hedge fund is affirmed as the arbitration agreement here barred judicial review, as it stated that the arbitrator's award will be "binding" and that "all decisions of the arbitrator...shall not be subject to appeal."

Appellate Information

• Decided 02/22/2010
• Published 02/22/2010

Judges

• RUBIN, J.

Court

• California Court of Appeal

Counsel

• For Appellees:
  
• Reed Smith, James C. Martin, Margaret M. Grignon, Judith E. Posner, and Amir Shlesinger, for Defendant and Appellant., Munger, Tolles & Olson, Mark B. Helm, Richard C. St. John, and Susan R. Szabo, for Plaintiffs and Respondents.