I HAVE AN ARBITRATION AWARD, NOW WHAT?
Not every dispute plays out in a courtroom. Sometimes parties resolve their dispute through the process of arbitration. Arbitration is a form of alternative dispute resolution that involves the parties bringing their dispute before either a panel of arbiters or a single arbiter. Often times, people choose arbitration for cost and time efficiency as it is usually cheaper and faster than litigation. It can also offer parties more privacy than litigation where documents filed with the court become public record.
In arbitration, the arbiter(s) acts as a decision maker to decide the outcome of your dispute. What results is an arbitration award. The question then becomes what to do with the arbitration award.
Under the Uniform Arbitration Act as adopted in Idaho, Title 9, Chapter 7 of the Idaho Code, there is a process that you must follow in order to reduce your arbitration award to a judgment so that you may collect on it. The process, known as confirmation, involves filing a motion asking the court to confirm the arbitration award and enter a judgment. The process also requires the court set a hearing on the motion.
The attorneys at Racine Olson are experienced and can assist if you have a dispute that is subject to arbitration. If you already have an arbitration award and you need help collecting on it in Idaho, Racine Olson can also help. If you need help, please call us toll free at 877-232-6101 or 208-232-6101 for a consultation with Heidi Buck Morrison and the Racine Olson team of attorneys in Idaho. You can also email Heidi directly at hbm@racinelaw.net. We will answer your questions and will help you solve your problem.