{"id":2939,"date":"2024-11-21T17:54:54","date_gmt":"2024-11-21T23:54:54","guid":{"rendered":"https:\/\/www.mcclure-lawgroup.com\/blog\/?p=2939"},"modified":"2024-11-26T08:09:58","modified_gmt":"2024-11-26T14:09:58","slug":"texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce","status":"publish","type":"post","link":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce\/","title":{"rendered":"Texas Appeals Court Affirms Confirmation of Arbitration Award in High Asset Divorce"},"content":{"rendered":"<p>Parties to a high net worth Texas divorce may choose to arbitrate disputes because arbitration can be less expensive, less contentious, and more private than litigation.\u00a0 An arbitration award can be difficult to challenge, however. Under the Texas Arbitration Act, a trial court may only vacate an arbitration award based on one of the grounds listed, including the arbitrator exceeding his authority.\u00a0 Tex. Civ. Prac. &amp; Rem. Code Ann. \u00a7 171.088. The arbitrator\u2019s power is based on the arbitration agreement between the parties. In Texas, arbitration awards are presumed to be valid. When a party seeks to vacate an arbitration award, they have the burden of establishing the grounds based on the complete record.\u00a0 An appeals court presumes there was sufficient evidence to support the arbitration award if there is not a transcript of the arbitration hearing.\u00a0 A Texas appeals court recently considered a wife\u2019s <a href=\"https:\/\/cases.justia.com\/texas\/fifth-court-of-appeals\/2024-05-23-00646-cv.pdf?ts=1727787817\" target=\"_blank\" rel=\"noopener\">challenge<\/a> to an arbitration award addressing the division of certain disputed personal property after the parties reached a mediated settlement agreement as to the property division.<\/p>\n<p>The parties entered into a mediated settlement agreement (\u201cMSA\u201d) and memorialized it in an agreement incident to divorce (\u201cAID\u201d). Pursuant to the AID, the wife would receive $17 million in cash, in addition to multiple pieces of real property, vehicles, and multiple accounts.\u00a0 The parties were to agree in writing to the division of personal property from two of their homes and submit any items they could not agree on to arbitration.\u00a0 The court incorporated the AID into the final divorce decree.<\/p>\n<p><strong>Arbitration Proceedings<\/strong><\/p>\n<p>They later signed a binding arbitration agreement to address the disputed personal property from the two homes. Pursuant to the arbitration agreement, each party would be allowed to present a position statement orally in writing.\u00a0 The wife submitted a list of disputed personal property she sought to be awarded to her, including some items that were to go to her pursuant to the AID.<\/p>\n<p> <a href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce\/#more-2939\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Parties to a high net worth Texas divorce may choose to arbitrate disputes because arbitration can be less expensive, less contentious, and more private than litigation.\u00a0 An arbitration award can be difficult to challenge, however. Under the Texas Arbitration Act, a trial court may only vacate an arbitration award based on one of the grounds [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[269,4],"tags":[],"class_list":["post-2939","post","type-post","status-publish","format-standard","hentry","category-arbitration","category-divorce"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Texas Appeals Court Affirms Confirmation of Arbitration Award in High Asset Divorce &#8212; Texas Divorce Attorney Blog &#8212; November 21, 2024<\/title>\n<meta name=\"description\" content=\"Parties to a high net worth Texas divorce may choose to arbitrate disputes because arbitration can be less expensive, less contentious, and more private &#8212; November 21, 2024\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Texas Appeals Court Affirms Confirmation of Arbitration Award in High Asset Divorce &#8212; 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Texas Divorce Attorney Blog &#8212; November 21, 2024","twitter_description":"Parties to a high net worth Texas divorce may choose to arbitrate disputes because arbitration can be less expensive, less contentious, and more private &#8212; November 21, 2024","twitter_misc":{"Written by":"Kelly McClure","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce\/","url":"https:\/\/www.mcclure-lawgroup.com\/blog\/texas-appeals-court-affirms-confirmation-of-arbitration-award-in-high-asset-divorce\/","name":"Texas Appeals Court Affirms Confirmation of Arbitration Award in High Asset Divorce &#8212; Texas Divorce Attorney Blog &#8212; November 21, 2024","isPartOf":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#website"},"datePublished":"2024-11-21T23:54:54+00:00","dateModified":"2024-11-26T14:09:58+00:00","author":{"@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/d242451d01f4b8ae44c765b4296b15f1"},"description":"Parties to a high net worth Texas divorce may choose to arbitrate disputes because arbitration can be less expensive, less contentious, and more private &#8212; 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Family Attorney \u2014 McClure Law Group","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mcclure-lawgroup.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/d242451d01f4b8ae44c765b4296b15f1","name":"Kelly McClure","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mcclure-lawgroup.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7f9a434392857fa0f1c071557d1e298705df5691bd0750001911a213a4279014?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7f9a434392857fa0f1c071557d1e298705df5691bd0750001911a213a4279014?s=96&d=mm&r=g","caption":"Kelly McClure"},"sameAs":["https:\/\/www.mcclure-lawgroup.com\/kelly-mcclure.html"],"url":"https:\/\/www.mcclure-lawgroup.com\/blog\/author\/mcclurelaw2\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=2939"}],"version-history":[{"count":1,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2939\/revisions"}],"predecessor-version":[{"id":2940,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/posts\/2939\/revisions\/2940"}],"wp:attachment":[{"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=2939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=2939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mcclure-lawgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=2939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}