What are the remedies for breach of an arbitration agreement?
In Maryland, the remedies for breach of an arbitration agreement are outlined in the Maryland Arbitration Act. Typically, an arbitration agreement will provide for remedies in the event that a party breaches the agreement. These remedies can include specific performance, damages, or an injunction to stop the breach. In cases of a breach of an arbitration agreement, the court can issue an order for specific performance, which requires the party to fulfill their obligations under the agreement. If the breach causes damages, the court can award money to the non-breaching party in order to compensate them for the loss. An injunction may also be issued to prevent the party from continuing to breach the agreement. When determining the appropriate remedy, the court will consider the nature of the breach and the harm caused by the breach. In addition, the court may consider any other circumstances that may be relevant to the case. In some cases, the court may also order the party that breached the agreement to pay the attorneys’ fees and court costs of the non-breaching party. This is typically done if the court finds that the breach was intentional or due to gross negligence. Overall, the remedies for breach of an arbitration agreement in Maryland depend on the particular circumstances of the case. The court will consider the nature of the breach and the harm caused in order to determine the appropriate remedy.
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