Taylor and Fitz Coal Company had a dispute over the amount of money due under a mineral
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Taylor and Fitz Coal Company had a dispute over the amount of money due under a mineral lease.They submitted the dispute to arbitration according to the provisions of the lease. The arbitrators awarded the lessor, Taylor, $37,214.67. Taylor did not like the amount awarded and filed suit in court. Will the court conduct a trial to determine whether the amount is fair? (Taylor v. Fitz Coal Company, 618 S.W.2d 432, Ky.)
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The court will not conduct a trial to determine the fair amount The parties by their arbitration agr...View the full answer
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