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Court of California on March 28, 2001. The petition was denied
on May 16, 2001.
The arbitrator issued a final award in the arbitration
proceedings on August 29, 2001. He found that: (1) O’Dowd’s
purchase of petitioner’s Green Hills stock for $41,585,388
complied with the partial final award and was effective on
October 13, 2000; (2) the payment belongs to petitioner without
restriction; (3) petitioner’s acceptance of the payment on
October 13, 2000, terminated his interest in Green Hills; (4)
petitioner is entitled to an additional $52,783;3 (5) O’Dowd is
entitled to $604,105.30 for attorney’s fees, costs, and expenses;
and (6) the net amount petitioner owes O’Dowd is $551,322.30.
On December 11, 2001, petitioner petitioned the Superior
Court to vacate the arbitration award. On December 21, 2001, the
Superior Court entered a judgment confirming and substantially
repeating the findings in the arbitrator’s final award.
Petitioner appealed the Superior Court’s decision. On July
31, 2003, the Court of Appeal filed its opinion rejecting
petitioner’s appeal and affirming the decision of the Superior
Court. Petitioner filed a motion for rehearing on August 15,
2003. Petitioner’s motion was denied on August 20, 2003.
Petitioner filed a petition for review in the Supreme Court of
3 This adjustment was made to correct an error in the
calculation of the offsets to the purchase price.
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