Epsilon Electronics v. L.A. Closeout, Inc. CA2/4
Appellants L.A. Closeout, Inc. and Ramin Javahery appeal the trial court’s order confirming an arbitration award in favor of respondent Epsilon Electronics, Inc. (Epsilon). The award was issued six years after the matter was initially submitted to arbitration and represented a reversal of the arbitrators’ original decision in appellants’ favor. Appellants contend the original decision was final and binding, and that controlling law and the parties’ arbitration agreement forbad reconsideration or rehearing of the matter once that decision was rendered. We agree and reverse.
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