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WELLS FARGO ADVISORS, LLC v. WATTS

No. 5:11cv48.

858 F.Supp.2d 591 (2012)

WELLS FARGO ADVISORS, LLC, Claimant, v. Clifford J. WATTS, III, Respondent.

United States District Court, W.D. North Carolina, Charlotte Division.

March 12, 2012.

Attorney(s) appearing for the Case

Matthew Kyle Rogers , Hickory, NC, for Respondent.

Charles E. Raynal, IV , Matthew Hilton Mall , Parker Poe Adams & Bernstein, LLP, Raleigh, NC, Brady James Hermann , Deborah Gale Evans , Michaels, Ward & Rabinovitz, LLP, Boston, MA, for Claimant.

MEMORANDUM OF DECISION AND ORDER

MAX O. COGBURN, JR., District Judge.

Review and confirmation of the arbitration process by the federal courts has reached the point that when this court observed, in a hearing on the claimant bank's motion to confirm an arbitration award, that the court could refuse to enforce an illegal contract, counsel for the claimant bank immediately challenged the court's statement. Hrg. Tr. 71, docket no. 33. As counsel's open challenge...

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