Binding Arbitration questions

This is a discussion on Binding Arbitration questions within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; I sold my Oregon business to my former partner, we have a written agreement specifying arbitration to resolve disputes. The ...

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Old Feb 5th, 2007, 05:23 PM   #1
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Default Binding Arbitration questions

I sold my Oregon business to my former partner, we have a written agreement specifying arbitration to resolve disputes. The agreement specifies a formula of interest-free monthly payments, which he is ignoring, and for which I will pursue arbitration. My question is: if the arbitrator agrees with my claim, can I also claim interest on 6 months of non-payment [and how much?], and can I recover arbitration and/or attorney fees? Neither are addressed in our agreement. Thanks in advance!
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Old Feb 6th, 2007, 02:57 PM   #2
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Default Re: Binding Arbitration questions

Yes--at the going rate that you could have earned.
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