What remedies can an arbitrator award?
In Delaware, an arbitrator can award a variety of remedies as part of their decision. These remedies can be either monetary or non-monetary. Monetary remedies are typically awarded when a party has suffered some kind of financial loss due to the actions of the other party. The arbitrator may award compensatory damages, which are designed to make up for the actual costs incurred by the party. They may also award punitive damages, which act as a deterrent to prevent future wrongdoing. Non-monetary remedies may include an injunction, which is a court order that prevents the other party from taking certain actions. The arbitrator can also order the other party to perform a specific action, such as returning something to the claimant. Overall, the remedies awarded by an arbitrator are intended to provide justice to the parties involved. The arbitrator has the authority to award whatever remedies they deem are appropriate to put the parties in the position that they would have been in had the controversy not happened.
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