US EditionNo pre-judgment interest in arbitration dispute
Summary by Michigan Lawyers Weekly
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No pre-judgment interest in arbitration dispute
A judgment confirming an arbitration award should be amended to exclude pre-judgment interest, a Business Court judge has decided. “Here, while the parties’ agreement to arbitrate is silent on the issue of interest, they agreed to be bound the AAA Construction Industry Arbitration Rules, which, as in Holloway [Constr. Co. v. Oakland County Rd.
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