684.0018 Power of arbitral tribunal to order interim measures. - Florida Statutes

684.0018 Power of arbitral tribunal to order interim measures.

Unless otherwise agreed by the parties, the arbitral tribunal may, at the request of a party, grant interim measures. An interim measure is any temporary measure, whether in the form of an award or in another form, by which, at any time before the issuance of the award by which the dispute is finally decided, the arbitral tribunal orders a party to:

   (1) Maintain or restore the status quo pending determination of the dispute;

   (2) Take action to prevent, or refrain from taking action that is likely to cause, current or imminent harm or prejudice to the arbitral process;

   (3) Provide a means of preserving assets out of which a subsequent award may be satisfied; or

   (4) Preserve evidence that may be relevant and material to the resolution of the dispute.

History. s. 19, ch. 2010-60.