https://www.law.com/thelegalintelligencer/2023/05/15/can-you-prevent-the-arbitrator-from-awarding-statutory-damages-and-attorney-fees/
Charles F. Forer, Charles F. Forer Alternative Resolution ServicesCOMMENTARY
Bob’s approach to arbitrators and punitive damages. Bob always encourages his clients to avoid litigation by using “well drafted” arbitration provisions in their contracts. Fearing runaway awards, Bob routinely incorporates a “no punitive damage award” provision when he drafts arbitration agreements.
May 15, 2023 at 09:10 AM
6 minute read
By Charles F. Forer |
May 15, 2023 at 09:10 AM
Author’s note: This article describes a hypothetical situation.
Like the consummate chess player, Bob wants to be several steps ahead of his adversaries. He always has an answer to the “what ifs” that pop up.
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