DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
112203P.pdf 03/05/2012 Continental Holdings, Inc. v. Crown Holdings Incorporated
U.S. Court of Appeals Case No: 11-2203
U.S. District Court for the District of Nebraska - Omaha
[PUBLISHED] [Bye, Author, with Smith and Colloton, Circuit Judges]
Civil Case - diversity. Parties to a stock purchase agreement disputed
the indemnity provision in concurrent arbitration and judicial
proceedings. The district court's grant of summary judgment concluding
that it was bound by arbitrator's interpretation. The district court
amended it judgment and denied a motion to reconsider that amendment.
Concluding the amendment affects substantial rights, the amendment is
vacated. Because the same issue was before the arbitrator and the court,
because Continental could have argued its indemnity obligations for
occupational exposure claims in the environmental arbitration, and
because the arbitrator's characterization of both interpretations as
plausible did not make the provision ambiguous, Continental failed to
meet its burden of proving it was not afforded a full and fair opportunity
to litigate the meaning of the provision in the arbitration. The district
court thus correctly determined issue preclusion barred the district court
from considering the issue.