An award is a formal decision made by a judge, jury, or panel of arbitrators in a legal dispute. This decision can involve a judgment regarding liability or the amount of money to be paid to a party in a lawsuit. For instance, if a court finds a defendant liable for damages, it may award the plaintiff a specific sum of money as compensation for their losses.
Awards are commonly encountered in various areas of law, including civil, arbitration, and family law. In civil cases, awards typically relate to damages for personal injury or breach of contract. In arbitration, an award is the final decision made by arbitrators, resolving disputes outside of court. Users can often manage these processes themselves by utilizing legal templates available through US Legal Forms, which are drafted by qualified attorneys.
Here are a couple of examples of abatement:
Example 1: In a personal injury case, a jury may award the plaintiff $50,000 for medical expenses and lost wages after finding the defendant negligent.
Example 2: In an arbitration case, the arbitrators may award a contractor $30,000 for unpaid work after determining that the client breached their contract. (hypothetical example)
| State | Variation |
|---|---|
| California | Awards in arbitration are generally enforceable unless there is evidence of fraud. |
| New York | Judicial awards can be appealed under specific circumstances, while arbitration awards have limited grounds for appeal. |
| Texas | In personal injury cases, awards may be capped under certain statutes. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Differences |
|---|---|---|
| Award | A formal decision made in a legal dispute. | Can involve monetary compensation or specific performance. |
| Judgment | A court's final decision in a legal case. | Typically refers to court decisions rather than arbitration. |
| Settlement | An agreement reached between parties to resolve a dispute. | Involves negotiation and mutual consent, unlike an award. |
If you are involved in a legal dispute that may result in an award, consider the following steps:
Browse our library of 85,000+ state-specific legal templates.