Decision Published – Who Owes What
On occasion, we receive inquiries asking for clarification on a decision, specifically which party owes what amount. This article will clarify the information shared on a TRS decision.
In the scenario below, Alpha sought recovery from Beta for damage to its 2017 Ford feature in the amount of $2,000 plus $500 deductible. The arbitrator decided that Beta was 100 percent liable, and all damages were proven.
Per the Award Summary, Beta (the Payer) is to send $2,500 to Alpha (the Payee) using Alpha’s “Remit Payment To:” address. No award is owed by Alpha for Beta’s feature.
Article published in: July 2019 E-Bulletin