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MSP COLLABORATIVE v. FIDELITY & DEPOSIT CO. OF MD.

No. 78-1005.

596 F.2d 247 (1979)

MSP COLLABORATIVE DEVELOPERS, Plaintiff-Appellee, v. FIDELITY AND DEPOSIT COMPANY OF MARYLAND and Ray J. Benoit and Son, Inc., Defendant-Appellant.

United States Court of Appeals, Seventh Circuit.

Decided April 18, 1979.

Attorney(s) appearing for the Case

Charles W. Linder, Jr., Indianapolis, Ind., for defendant-appellant.

James E. Ayers, Crawfordsville, Ind., for plaintiff-appellee.

Before SWYGERT, LAY and PELL, Circuit Judges.

PELL, Circuit Judge.

The defendant Fidelity and Deposit Insurance Company of Maryland appeals from the district court's judgment confirming an arbitration award of $456,455.96 plus interest in favor of the plaintiff MSP Collaborative Developers. The defendant argues that the arbitrator, John F. Sembower, committed legal error in his decision and that the district court therefore erred in not vacating the award.

In 1973 MSP Collaborative Developers (MSP), an...

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