Mr. Smith (buyer) and Mr. Jones (seller) entered into a written real estate contract to purchase Mr. Jones shopping mall which is located in Los Angeles, CA. Mr. Smith just notified Mr. Jones that he changed his mind, doesn’t think it is a good deal, and refuses to go forward with the purchase. Mr. Jones has suffered loses from this breach of contract (fees he paid his attorneys to review the contract, loss of sale opportunity, etc.) Mr. Jones has contacted his attorneys and requested them to proceed with a civil lawsuit for damages against Mr. Smith. However, the following Arbitration Clause / Provision, with the written contract, was signed / initialed by both the parties (Buyer & Seller).
B. You decide to go to arbitration; however, you’re unsuccessful with your argument in front of the arbitrator. The arbitrator rules in favor of Mr. Smith. You feel the arbitrator never read any of the documents you submitted and did not correctly apply the principles of contract law. What basis, if any, can you file an appeal of the arbitrator’s decision in civil court? Explain the legal basis / grounds required for an appeal before a court based on a ruling by an arbitrator? (30 points)