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KELLEY v. MICHAELS

No. 94-5023.

59 F.3d 1050 (1995)

B.F. KELLEY, Jr., Individually and as Trustee under the Will of Ben F. Kelley, deceased; Mildred L. Kelley, Plaintiffs-Appellees, v. William B. MICHAELS, Defendant-Appellant, and PaineWebber, Inc.; Liberty Bank & Trust Company of Tulsa, N.A., in its capacity as Trustee of the Trust of Allene H. Michaels, deceased, Defendants.

United States Court of Appeals, Tenth Circuit.

July 10, 1995.

Attorney(s) appearing for the Case

William W. O'Connor (Joel L. Wohlgemuth and John E. Dowdell, also of Norman & Wohlgemuth, Tulsa, OK, with him, on the briefs), for defendant-appellant.

Timothy A. Carney (James M. Sturdivant, also of Gable & Gotwals, Tulsa, OK, with him, on the brief), for plaintiffs-appellees.

Before BALDOCK and LOGAN, Circuit Judges.

LOGAN, Circuit Judge.

Defendant William B. Michaels appeals from the district court's judgment confirming an arbitration award. The arbitration panel awarded plaintiffs B.F. Kelley, Jr. and Mildred Kelley, and the B.F. Kelley Trust (for which B.F. Kelley, Jr. acted as trustee) (collectively the Kelleys) $292,750.00 actual and $505,217.50 punitive damages against Michaels and $20,212.84 actual and $50,000.00 punitive damages against PaineWebber, Inc. The award also...

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