7.70A.060 - Issuance of decision -- Limitation on award of damages -- Fees and expenses. - Washington Statutes

Issuance of decision — Limitation on award of damages — Fees and expenses.

(1) The arbitrator shall issue a decision in writing and signed by the arbitrator within fourteen days after the completion of the arbitration hearing and shall promptly deliver a copy of the decision to each of the parties or their attorneys.

     (2) The arbitrator may not make an award of damages under this chapter that exceeds one million dollars for both economic and noneconomic damages.

     (3) The arbitrator may not make an award of damages under this chapter under a theory of ostensible agency liability.

     (4) With or without the request of a party, the arbitrator shall review the reasonableness of each party's attorneys' fees taking into account the factors enumerated in RCW 4.24.005.

     (5) The fees and expenses of the arbitrator shall be paid by the nonprevailing parties.

[2006 c 8 § 310.]