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MATSON, INC. v. LAMB & ASSOCIATES PACKAGING

No. 96-606.

947 S.W.2d 324 (1997)

328 Ark. 705

MATSON, INC., Appellant, v. LAMB & ASSOCIATES PACKAGING, INC., & Jerry Don Lamb, Appellees.

Supreme Court of Arkansas.

June 2, 1997.

Attorney(s) appearing for the Case

Jack East III, Little Rock, for appellant.

David M. Hargis, Little Rock, for appellee.

NEWBERN, Justice.

Lamb & Associates Packaging, Inc., and Jerry Don Lamb (referred to collectively as Lamb) entered an agreement with Matson, Inc. (Matson), pursuant to which Matson constructed a commercial building for Lamb in exchange for $789,543. The construction contract contained a clause requiring arbitration of disputes relating to performance or breach of the contract. Matson purchased a performance bond from United States Fidelity and Guarantee Co. (USF...

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