ARW EXPLORATION CORP. v. AGUIRRE

No. 94-6023.

45 F.3d 1455 (1995)

ARW EXPLORATION CORPORATION, Plaintiff-Appellant, v. Cesar V. AGUIRRE; Anastasios Andriopoulos; Charles E. Bender; B.W. Covington; Chris Dalamangas; P. Elaportas; George Ioannides; Kyriakos Ioannides; V. Kaltsas; Christos P. Kartsonis; Demetrious Kartsonis; A. George Magouliotis; A. Papathanasopolous; Steve Poulos; S.L. Prabhu; Neal Roth; Dorothy Roychoudhury; S.L. Stogiannis; G. Vallianos; and Indumathi Ponnapali, as personal representative of the estate of Ponnapalli Ramakrishna, Defendants/Third-Party Plaintiffs-Appellees, v. Spyridon ARMENIS, also known as Spiro Armenis, Third-Party Defendant-Appellant. Cesar V. AGUIRRE; Anastasios Andriopoulos; Charles E. Bender; B.W. Covington; Chris Dalamangas; P. Elaportas; George Ioannides; Kyriakos Ioannides; V. Kaltsas; Christos P. Kartsonis; Demetrious Kartsonis; A. George Magouliotis; A. Papathanasopolous; Steve Poulos; S.L. Prabhu; Neal Roth; Dorothy Roychoudhury; S.L. Stogiannis; G. Vallianos; and Indumathi Ponnapali, as personal representative of the estate of Ponnapalli Ramakrishna, Plaintiffs-Appellees, v. ARW EXPLORATION CORPORATION and Spyridon Armenis, also known as Spiro Armenis, Defendants-Appellants.

United States Court of Appeals, Tenth Circuit.

January 23, 1995.


Attorney(s) appearing for the Case

Jack R. Durland, Jr., Berry & Durland, Oklahoma City, OK, for appellants.

Ricki V. Sonders (David R. Widdoes with her, on the brief), Day, Edwards, Federman, Propester & Christiansen, Oklahoma City, OK, for appellees.

Before BALDOCK, LOGAN, and BURCIAGA, Senior District Judge.


BURCIAGA, Senior District Judge.

Defendants-Appellants ARW Exploration Corporation ("ARW") and Spyridon Armenis ("Armenis") appeal the district court's submission of the parties' disputes to binding arbitration and the district court's subsequent confirmation of the ensuing arbitration award.

Plaintiffs-Appellees are twenty individual investors who purchased interests in one or more of six related oil and gas ventures. ARW and Armenis, the sole shareholder...

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