United States District Court, W.D. Louisiana, Lake Charles Division
DRELL, CHIEF JUDGE
the court is defendant Baker Hughes Oilfield Operations,
Inc.'s ("Baker Hughes") Motion to Lift Stay and
Confirm Arbitration Award (Rec. Doc. 15) in the matter
captioned: Baker Hughes Oilfield Operations, Inc. v.
Intrepid Drilling, LLC, AAA Case No. 01-15-0003-5464.
The plaintiff Intrepid Drilling, LLC ("Intrepid")
filed no opposition to the motion.
February 2015, the underlying suit was stayed until
arbitration was completed. Baker filed a demand for arbitration
before the American Arbitration Association
("AAA"). Intrepid filed an answer and counterclaim
in the arbitration proceeding. A panel of three arbitrators
conducted a five day hearing in November 2016. The panel issued
a "Final Arbitration Award" ("Award") on
March 6, 2017. The panel found in favor of Baker Hughes
and denied Intrepid's counterclaim. The Award
1. Baker Hughes's claim against Intrepid is granted and
Intrepid shall pay to Baker Hughes the amount of $219,
2. Intrepid's counterclaim is denied and Intrepid shall
take nothing from Baker Hughes.
3. The administrative fees and expenses of the AAA totaling
$29, 660.98 shall be borne as incurred.
4. The compensation and expenses of the Arbitrator appointed
by each Party (totaling $46, 931.58 for the Arbitrator
appointed by Intrepid and $72, 022.50 for the Arbitrator
appointed by Baker Hughes) shall be borne by the Party
appointing the Arbitrator and the compensation and expenses
of the Chair of the Panel totaling $72, 811.68 shall be
shared equally by the Parties.
5. The above sums are payable on or before thirty (30) days
from the date • of this Award.
6. Intrepid shall pay Baker Hughes post-award interest at the
rate of 5% per annum on the above Award amount of $219,
810.16 commencing on the thirty-first (31st) day after this
Award if said Award amount is not paid on or before thirty
(30) days from the date of this Award.
7. This Award is in full settlement of all claims and
counterclaims submitted in this arbitration. All claims and
counterclaims for relief not expressly granted are
instant motion to lift the stay and confirm the award was
filed on May 3, 2017. Intrepid has filed no opposition.
assure that arbitration serves as an efficient and
cost-effective alternative to litigation, and to hold parties
to their agreements to arbitrate, the [Federal Arbitration
Act] narrowly restricts judicial review of arbitrators'
awards." Positive Software Sol. v. New Century
Mortg., 476 F.3d 278, 280 (5th Cir. 2007). The
Federal Arbitration Act ("FAA"), 9 U.S.C. §
10(a), provides four statutory bases for vacating an
(1) where the award was procured by corruption, fraud, or
(2) where there was evident partiality or corruption in the