Panel Says Mexican Company Must Arbitrate Contract Row Before Single Arbitrator

(August 22, 2024, 10:57 AM EDT) -- HOUSTON — A Texas appellate panel found that an oral, in-court agreement between a Mexican company and a Texas company to alter their arbitration agreement is binding and affirmed a trial court’s order that they arbitrate their contract dispute before a single arbitrator despite an amount-in-controversy requirement in their written arbitration agreement that requires multiple arbitrators....