Respondents: Properly Support Prior Payments
When negotiating liability with adverse parties, respondents will often pay what they feel they owe, leaving the Applicant with an unpaid balance. To collect, Applicants will file the unpaid subrogation balance in arbitration.
If you’re a Respondent, it’s imperative to support payments made to Applicants ensuring arbitration awards are appropriately reduced.
The payment can come in a variety of forms. Below are examples:
A copy of the actual check/draft with status of “deposit/cashed”:
A print screen with status of “honored/cashed”:
A print screen showing an EFT payment was “sent”:
Article published in: September 2018 E-Bulletin