Mountainside v. Vt Mutual Ins

CourtVermont Superior Court
DecidedSeptember 5, 2024
Docket22-cv-4513
StatusPublished

This text of Mountainside v. Vt Mutual Ins (Mountainside v. Vt Mutual Ins) is published on Counsel Stack Legal Research, covering Vermont Superior Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mountainside v. Vt Mutual Ins, (Vt. Ct. App. 2024).

Opinion

Vermont Superior Court Filed 12/01 23 Washington mt

SUPERIOR COURT £2 £4 CIVIL DIVISION Washington Unit f‘i Case No. 22—CV—04513 65 State Street Montpelier VT 05602 802-828-2091 £5 WWW.Vermontjudiciary.org

Mountainside Condominium Association V. Vermont Mutual Insurance

Opinion and Order on Cross-Motions for Summarv Judgment

In this insurance case, the parties dispute the insured’s right to pre-award

interest for benefits that a panel of arbitrators determined it was entitled to receive.

Mountainside Condominium Association (“Mountainside”) argues that it is entitled

to the interest because its claim for benefits was reasonably ascertainable and not

seriously in dispute. Vermont Mutual Insurance Company (“Vermont Mutual”)

disagrees and argues that Mountainside waived its right to pre-award interest by

releasing Vermont Mutual from “any and all extra-contractual Claims.” Vermont

Mutual also contests the merits of Mountainside’s request for interest. Both parties

have filed motions for summary judgment.

The Court has considered the submissions of the parties, as well as the

contentions made at oral argument. It makes the following determinations.

Undisputed Facts

The parties do not dispute the following facts. In February 2014, a fire

completely destroyed Mountainside’s Building 3 in its Warren, Vermont complex.

Vermont Mutual provided an insurance policy to Mountainside that covered the

property loss (“Policy”). Vermont Mutual made advance coverage payments to Mountainside from 2014 through 2020 based on Vermont Mutual’s “undisputed loss

measure.” Mountainside was placed in a receivership from June 2018 through June

2022. The replacement of Building 3 was completed by September 30, 2020.

Vermont Mutual started requesting records associated with the

reconstruction of Building 3 starting in 2017. Mountainside never provided

Vermont Mutual with a sworn proof of loss. After failed attempts to negotiate a

final resolution of Mountainside’s claim for first-party benefits, Mountainside

demanded arbitration.

On January 16, 2020, Mountainside and Vermont Mutual entered into an

agreement (“the Agreement”) that included the following language:

1) Receiver/MCA releases VM from any and all extra-contractual

claims associated with its adjustment of claims for benefits arising

from the February 2014 fire at Building 3.

2) Within two (2) business days of the full execution of this agreement

by all necessary parties, an advance of $1,500,000 of the recoverable

depreciation based on VM’s undisputed loss measure will be wired into

MCA’s escrow account . . . .

....

4) Receiver/MCA waives its right to file suit against VM. This waiver

does not include a suit for a breach of this Agreement.

5) Any remaining dispute between Receiver/MCA concerning

entitlement to first-party benefits under the policy for reconstruction of

2 Building shall be submitted to binding arbitration with a panel of

three (3) arbitrators.

The parties agreed that their arbitration would be conducted pursuant to the

Federal Arbitration Act (“FAA”). When Mountainside’s claim was submitted to

arbitration, its claim for total construction costs was $11,493,058.30. Of this

amount, Vermont Mutual paid $8,415,336 in benefits under the Policy to

Mountainside before the arbitration took place.

Procedure Before Arbitration Panel

Prior to submitting their dispute to arbitration in November 2022, the parties

disagreed about whether the arbitrators were authorized to award Mountainside

pre-award interest and vigorously briefed this issue to the panel. See Exhibits 7, 8,

and 11 to Mountainside’s Statement of Facts. Vermont Mutual asserted that

Mountainside waived its right to pre-award interest when it agreed to release

Vermont Mutual from “any and all extra-contractual claims associated with its

adjustment of claims for benefits.” See Agreement, ¶ 1. Mountainside disputed

that pre-award interest was included within the meaning of “extra-contractual

claims,” as that term was used in the Agreement, and took the position that the

arbitrators were authorized to make an award for pre-award interest. According to

Vermont Mutual, the arbitrators did not have the authority to arbitrate

arbitrability, meaning that they lacked the authority to determine the issues that

were subject to arbitration.

3 The arbitration panel issued its decision on November 4, 2022, stating, in its

entirety:

Vermont Mutual Insurance Company shall pay Mountainside

Condominium Association $2,031,366.

As there was not clear and unmistakable evidence that it was

the intent of the parties to give the Panel the authority to

arbitrate arbitrability, the Panel lacks the authority to rule on

Mountainside Condominium Association’s claim for interest.

The Panel makes no ruling on interest.

Arbitrators are not required to provide an explanation or reasoning for

their decision “beyond the award figure.” Vermont Built, Inc. v. Krolick, 2008

VT 131, ¶ 14, 185 Vt. 139, 147 (citing Shahi v. Ascend Fin. Servs., Inc., 2006

VT 29, ¶ 13, 179 Vt. 434, 440). Vermont Mutual paid the $2,031,366 award

to Mountainside on November 16, 2022, twelve days after the award was

made.

Post-Arbitration Procedure

After the arbitrators issued their decision, Mountainside initiated this case

by filing an application for a confirmation of the arbitrators’ award pursuant to 9

U.S.C. § 9, which is part of the FAA, and for an award of prejudgment interest.1

1 According to the statute, “[i]f no court is specified in the agreement of the parties

[for a judgment to be entered upon the arbitration award], then such application may be made to the United States court in and for the district within which such award was made.” 9 U.S.C. § 9. The Agreement does not specify a court to enter judgment following the arbitration. State courts have concurrent jurisdiction with federal 4 That section requires a court to issue an order confirming the award “unless the

award is vacated, modified, or corrected as prescribed in sections 10 and 11 of this

title.” 9 U.S.C. § 9; see Shamah v. Schweiger, 21 F. Supp. 2d 208, 212 (E.D.N.Y.

1998). Mountainside is not asking the Court to vacate or modify the arbitrators’

award; instead, it is asking the Court to confirm the award and then add

prejudgment interest to it pursuant to 9 V.S.A. § 41a(a) based on the arbitrators’

determination that the issue of interest was not arbitrable. Application ¶ 10.

Analysis

Preliminarily, the parties disagree as to whether the question of awarding

prejudgment interest falls within the scope of issues that should have been

determined by the arbitration panel. Mountainside argues the issue is arbitrable;

VMIC asserts that it is not. On the merits of the interest issue, the parties dispute

the meaning of “extra-contractual,” as that term is used in the Agreement, and

whether this term covers Mountainside’s claim for pre-award interest.2 They also

clash as to whether Mountainside had complied with the terms of the Policy before

the parties submitted Mountainside’s claim to arbitration and was, therefore,

Free access — add to your briefcase to read the full text and ask questions with AI

Related

General Motors Corp. v. Devex Corp.
461 U.S. 648 (Supreme Court, 1983)
West Virginia v. United States
479 U.S. 305 (Supreme Court, 1987)
First Options of Chicago, Inc. v. Kaplan
514 U.S. 938 (Supreme Court, 1995)
Vermont Built, Inc. v. Krolick
2008 VT 131 (Supreme Court of Vermont, 2008)
Northern Security Insurance Co. v. Mitec Electronics, Ltd.
2008 VT 96 (Supreme Court of Vermont, 2008)
EBWS, LLC v. Britly Corp.
2007 VT 37 (Supreme Court of Vermont, 2007)
Dairyland Insurance v. Douthat
449 S.E.2d 799 (Supreme Court of Virginia, 1994)
Terex Corp. v. Ingalls Shipbuilding, Inc.
671 So. 2d 1316 (Mississippi Supreme Court, 1996)
D'Arc Turcotte v. Estate of LaRose
569 A.2d 1086 (Supreme Court of Vermont, 1989)
Investment Properties, Inc. v. Lyttle
739 A.2d 1222 (Supreme Court of Vermont, 1999)
Webb v. United States Fidelity & Guaranty Co.
605 A.2d 1344 (Supreme Court of Vermont, 1992)
Remes v. Nordic Group, Inc.
726 A.2d 77 (Supreme Court of Vermont, 1999)
Swords v. Harleysville Insurance Companies
883 A.2d 562 (Supreme Court of Pennsylvania, 2005)
Sublett v. Premier Bancorp Self Funded Medical Plan
683 F. Supp. 153 (M.D. Louisiana, 1988)
Springfield Teachers Ass'n v. Springfield School Directors
705 A.2d 541 (Supreme Court of Vermont, 1997)
Newport Sand & Gravel Co. v. Miller Concrete Construction, Inc.
614 A.2d 395 (Supreme Court of Vermont, 1992)
Shamah v. Schweiger
21 F. Supp. 2d 208 (E.D. New York, 1998)

Cite This Page — Counsel Stack

Bluebook (online)
Mountainside v. Vt Mutual Ins, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mountainside-v-vt-mutual-ins-vtsuperct-2024.