Cat Charter, LLC, et al. v. Schurtenberger, et al., No. 10-11674 (11th Cir. 2011)
Annotate this CaseThis case arose out of a dispute over the construction of a yacht where the parties subsequently entered into binding arbitration pursuant to their own written agreement. At issue was whether the arbitrators "exceeded their powers" - thereby justifying vacatur of their award under the Federal Arbitration Act (FAA), 9 U.S.C. 10(a)(4) - when they purportedly failed to provide a "reasoned award" as agreed to by the parties. The court concluded that three validly-appointed arbitrators oversaw a five day hearing and rendered a thoughtful, reasoned award. The court declined to narrowly interpret what constituted a reasonable award to overturn an otherwise apparently seamless procedure. The parties received precisely what they bargained for and to vacate the award and remand for an entirely new proceeding would insufficiently respect the value of the arbitration and inject the courts further into the arbitration process than Congress had mandated. Accordingly, the court held that the award should be confirmed and the judgment of the district court was reversed and remanded for reinstatement the award.
Some case metadata and case summaries were written with the help of AI, which can produce inaccuracies. You should read the full case before relying on it for legal research purposes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.