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LCI, INC. v. CHIPMAN

No. 96-926.

572 N.W.2d 158 (1997)

LCI, INC., an Iowa Corporation, and Michael F. Sharar, Appellants, v. Delmar J. CHIPMAN, Shirley G. Chipman, and Agents Insurance Group, Inc., Appellees.

Supreme Court of Iowa.

December 24, 1997.

Attorney(s) appearing for the Case

David William Patton, Storm Lake, for appellants.

Frank J. Comito of Neu, Minnich, Comito & Hall, P.C., Carroll, and Colin J. McCullough of McCullough Law Firm, Sac City, for appellees.

Considered by HARRIS, P.J., and LARSON, CARTER, LAVORATO, and SNELL, JJ.

LARSON, Justice.

When a dispute arose under an installment contract for the sale of an insurance business, the parties agreed to submit the matter to arbitration. See Iowa Code ch. 679A (1995). The arbitrators awarded some relief to each side. The sellers petitioned the district court to vacate the award under Iowa Code section 679A.12. The district court denied the petition to vacate, and the sellers appealed. We affirm.

LCI, Inc. and Michael F. Sharar...

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