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IMPERIAL ETHIOPIAN GOV'T v. BARUCH-FOSTER CORP.

No. 75-1127.

535 F.2d 334 (1976)

IMPERIAL ETHIOPIAN GOVERNMENT, Plaintiff-Appellee, v. BARUCH-FOSTER CORPORATION, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied September 13, 1976.

Attorney(s) appearing for the Case

James L. Truitt, Dallas, Tex., for defendant-appellant.

Robert Layton, Charles J. Lipton, New York City, Michael Lowenberg, Dallas, Tex., for plaintiff-appellee.

Before BROWN, Chief Judge, GODBOLD and RONEY, Circuit Judges.

GODBOLD, Circuit Judge:

Baruch-Foster Corporation (BFC) invoked arbitration to settle a dispute arising under a petroleum development agreement made with the Imperial Ethiopian Government (Ethiopia) in 1966. Ethiopia repudiated its obligations under the agreement in 1970, following BFC's delayed performance of an obligation to drill a test oil well. Pursuant to the agreement each party named an arbitrator, and the two arbitrators...

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