Arbitation Award Or Settlement Notice {30-15}

30-15 - ARBITRATION AWARD OR SETTLEMENT NOTICE. This form is used in the Circuit Court of the State of Oregon to notify the court and involved parties of the resolution of a case that was assigned to arbitration. It serves multiple purposes, including reporting that the case has settled, that a hearing has occurred and resulted in an arbitration award, or that no award will be filed due to a bankruptcy filing. When an arbitration award is rendered, the form records the specific terms, including the parties involved, the award amount, interest, costs, and attorney fees. It also ensures compliance with local court rules, such as requiring the arbitrator to certify that all issues of attorney fees and costs have been resolved before filing the award with the court. The form outlines the process for appealing the arbitration award by requesting a trial de novo, including the applicable deadlines, filing fees, and deposit requirements under Oregon law. www.FormsWorkflow.com