Weiss v. Fischl

(Court opinion corrected 8/8/16.) Arbitrator determined, and court affirmed, that Defendant was required to pay Plaintiff severance pay and buy Plaintiff's stocks after his employment was terminated pursuant to the parties employment agreement. Defendants appeal arguing that the arbitrator exceeded his authority by requiring that Defendant purchase Plaintiff's stock. Having conceded that they, along with Plaintiff, placed the question of whether they were required to purchase Plaintiff's stock before the arbitrator and having never questioned the arbitrator's authority to decide the issue, Defendants forfeited the issue of the arbitrator's authority. (ROCHFORD and HALL, concurring.)