The Form of Award

• Author: David A. Allgeyer
• Pages: 57-61

57

CHAPTER 9

The Form of Award

As noted, the form of award deserves some special consideration.

Awards are typically standard, reasoned, or findings of fact and

conclusions of law.

STANDARD AWARD

A standard award looks like this:

WE, THE UNDERSIGNED ARBITRATORS, having been designated

in accordance with the arbitration agreement entered into by the

parties, effective as of April 1, 2013, and having been duly sworn

and having duly reviewed the proofs and allegations of Claimant

Company One and Respondent Company Two, hereby award as

follows:

1. Company Two shall pay to Company One the sum of $257,787.

2. The administrative fees and expenses of the arbitration and the

compensation of the arbitrator shall be borne by Company Two.

3. All other claims and counterclaims are denied.

4. This award is in full settlement of all claims submitted to this

Arbitration. All claims not expressly granted herein are hereby

denied.

Dated: April 1, 2016 I. M. Arbitrator, Panel Chair