What remedies can an arbitrator award?
In Virginia, an arbitrator can award a variety of remedies to a successful claimant. The most common type of remedy is called compensatory damages. This can include monetary payments, such as reimbursement for losses or expenses directly incurred as a result of the breach of contract or damages for pain and suffering. In addition, an arbitrator can also award equitable relief, such as injunctive relief. This involves ordering the wrongdoer to take certain steps, such as specific performance of a contractual obligation or restraining the wrongdoer from a certain act. An arbitrator can also award punitive damages, which is designed to punish a wrongdoer for egregious behavior. However, punitive damages are not available in all cases and the amount of damages awarded must be reasonably related to the nature of the wrongdoer’s conduct. Finally, an arbitrator can also award attorney’s fees to the successful claimant in some cases. These fees are awarded to reimburse the claimant’s attorneys for the costs of bringing the dispute to the arbitration and for the costs of any appeals. In summary, an arbitrator in Virginia can award a variety of remedies to a successful claimant, including compensatory damages, equitable relief, punitive damages, and attorney’s fees.
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