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ARNOLD v. MORGAN KEEGAN & CO., INC.

914 S.W.2d 445 (1996)

Rosalind Bower ARNOLD and Jimmy Lynn Arnold, Individually as Joint Tenants with their Children, John Tracy Arnold, Uless Joseph Arnold, Lillian Hanna Arnold, Benjamin Christopher Arnold, and Jimmy Bower Arnold, Appellees, v. MORGAN KEEGAN & COMPANY, INC., and D. Stanley Shelton, Appellants.

Supreme Court of Tennessee, at Knoxville.

January 16, 1996.

Attorney(s) appearing for the Case

Michael Richards, Courtney N. Pearre, John R. Branson, Memphis, for Appellants.

Charles A. Wagner, III, Wagner, Myers & Sanger, P.C., Knoxville, for Appellees.

BIRCH, Justice.

We accepted this application for review, filed by Morgan Keegan & Company, Inc. and D. Stanley Shelton pursuant to Tenn. R.App.P. 11, in order to clarify the standard under which a final decision rendered by an arbitration panel may be judicially reviewed. We find that under the facts and circumstances here present, the review conducted by the Court of Appeals was unduly extensive; we reverse the judgment and reinstate the order of the trial court...

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