Richard Malone, et al v. Mathew Lasater, et al

The parties executed an arbitration agreement to submit disputes arising from their franchise agreement to binding arbitration. The trial court held that, under the arbitration agreement, the individual Defendants were liable, in their personal and corporate capacities, for amounts awarded to Plaintiffs by the arbitrators. Additionally, the trial court denied Defendants‟ motion to dismiss for failure to state a claim, in which Defendants contended that the arbitrators‟ decision was invalid as a matter of law. We affirm and remand.