Sabelhaus v. Derivium Capital
Opinion
Derivium Capital, LLC (“Derivium”) appeals a district court order and judgment granting the motion of Robert G. and Melanie R. Sabelhaus to confirm an arbitration award under 9 U.S.C. § 9 (2000). Under § 9, any party to an arbitration award may move in the district court within one year of the award for an order confirming the award. “[TJhereupon the court must grant such an order unless the award is vacated, modified, or corrected as prescribed in sections 10 and 11 of this title.” Because the arbitration award was not vacated, modified or corrected, the court properly granted the motion and issued the confirming order. With respect to Derivium’s other arguments, we find they are without merit with respect to challenging the district court’s confirming order and judgment. Accordingly, we affirm the district court’s judgment and order. We dispense with oral argument because the facts and legal contentions are adequately presented in the materials before the court and argument would not aid the decisional process.
AFFIRMED
Reference
- Full Case Name
- Robert G. SABELHAUS; Melanie R. Sabelhaus, Plaintiffs—Appellees, v. DERIVIUM CAPITAL, Formerly Known as First Security Capital, LLC, Defendant—Appellant
- Cited By
- 1 case
- Status
- Unpublished