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Current as of January 01, 2024 | Updated by Findlaw Staff
(A) Unless otherwise agreed by the parties, the arbitral tribunal may award interest and costs and may allocate costs among the parties as it considers appropriate. In making an order awarding or allocating costs, the tribunal may include as costs any of the following:
(1) The fees and expenses of the arbitrators and expert witnesses;
(2) Legal fees and expenses;
(3) Any administration fees of the institution supervising the arbitration;
(4) Any other expenses incurred in connection with the arbitral proceedings.
(B) In making an order for costs, the arbitral tribunal may specify any of the following:
(1) The party entitled to costs;
(2) The party who is required to pay the costs;
(3) The amount of the costs or the method of determining that amount;
(4) The manner in which the costs are to be paid.
Cite this article: FindLaw.com - Ohio Revised Code Title XXVII. Courts Revised Code General Provisions Special Remedies § 2712.61 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-xxvii-courts-general-provisions-special-remedies/oh-rev-code-sect-2712-61/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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