At issue on this appeal is whether the arbitrator exceeded his authority under the parties' agreement when he awarded interest. We agree with Supreme Court's conclusion that the interest award was completely irrational and that it exceeded a specifically enumerated limitation in the agreement. The agreement expressly provided that no interest was to be awarded on any moneys not paid when due. Accordingly, the court's decision to modify the arbitrator's award by deleting the...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.