Florida Statutes 684.0018 – Power of arbitral tribunal to order interim measures
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Terms Used In Florida Statutes 684.0018
- Arbitral tribunal: means a sole arbitrator or panel of arbitrators. See Florida Statutes 684.0003
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
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.