Wood v. Penntex Resources LP

322 F. App'x 410

• Court: Court of Appeals for the Fifth Circuit
• Decided: April 23, 2009
• Docket: No. 08-20462
• Status: Published

Opinion

PER CURIAM:

*

Scott Wood appeals a district court order compelling him to participate in arbitration of a dispute arising out of a Stock Purchase Agreement (SPA). Wood claims that he signed the SPA solely in his corporate capacity and did not personally agree to be subject to arbitration.

Upon de novo review of the district court’s grant of the motion to compel,¹ we agree with the district court that because the SPA provided for obligations personal to Wood in addition to the corporation’s obligations, his signature binds him in both his corporate and personal capacities. Accordingly, the district court properly ordered Wood to arbitration, and we therefore decline to address the district court’s alternative holding that Wood could be compelled to arbitrate under the doctrine of equitable estoppel.

AFFIRMED.

Pursuant to 5th Cir. R. 47.5, the court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in 5th Cir. R. 47.5.4.

1 . Webb v. Investacorp, Inc., 89 F.3d 252, 257 (5th Cir.1996).