Tom Owens has more than forty years of experience in arbitration as a neutral and as an advocate. Having participated in more than a hundred arbitrations involving almost every conceivable subject and industry, Tom brings a rich and varied experience to each arbitration. Tom no longer serves as an advocate in arbitration – only as a neutral. Arbitrations are conducted pursuant to written agreement provided by the parties or by Tom.
The arbitrator is a servant of the parties and takes his authority from the agreements, course of dealing, and documents which govern the relating between the parties. The arbitrator is hired to resolve a dispute between the parties concerning what their agreements and obligations are – not to substitute his judgment for the judgments of the parties or create a new agreement between them. The arbitrator is obligated to conduct the arbitration in accordance with the agreed-upon rules governing the arbitration and render a decision promptly after closing the hearing. The over-arching principles which should guide the arbitrator are: faithfulness to the agreements of the parties and fairness to all parties.
There is a one time, non-refundable administrative set up fee of $250.00. Preparation time is charged at $200 per hour. Time spent in arbitration hearings and preparing the arbitration findings and award is charged at $250.00 per hour, with a minimum of four hours charged. The minimum is charged when an arbitration hearing is cancelled less than forty-eight hours before the scheduled time for the hearing. Usual reimbursable expenses are pass-through with no mark up. Air travel is billed at the coach rate.
This site managed with Dynamic Website Technology
Products and Services