Sylver v. Regents Bank, N.A.Annotate this Case
In 2008, Regents Bank issued two loans to Appellant. After Appellant failed to repay either loan, Regents filed a complaint in district court for breach of contract and judicial foreclosure. The district court stayed the proceedings and compelled arbitration as provided in the loan documents. The arbitrator ultimately ruled in Regents' favor. The district court confirmed the arbitration award and later entered an amended judgment and order of sale. Appellant appealed, arguing (1) Regents employed undue means in procuring the award, and (2) the arbitrator manifestly disregarded the law in refusing to void one of the loans. The Supreme Court affirmed the district court's order confirming the arbitration award, holding (1) Appellant failed to satisfy his burden of proving by clear and convincing evidence that the award was procured through intentionally misleading conduct; and (2) the arbitrator's refusal to void one of the loans was not a manifest disregard of the law.