Parties to a contract for the sale of steel pipe brought cross-motions to vacate, modify, and correct an arbitration award pursuant to the Federal Arbitration Act (“FAA”), 9 U.S.C. §§ 10-11. The seller appeals from the district court’s rulings that (a) the arbitrator did not act in manifest disregard of the law by awarding the buyer diminution-in-value damages, despite the parties’ contractual bar on consequential damages; and (b) the arbitrator exceeded his powers by granting  in part the seller’s petition to revise the award to correct certain errors. After vacating the revised award, the district court confirmed the original award. On appeal, the buyer filed a motion for reasonable attorneys’ fees based on its contention that the seller’s manifest disregard claim is frivolous.

Affirmed in part, reversed in part, and remanded.