Track deposits asked for in a commercial arbitration
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- From the institution's requests and the payment records, list each deposit, who was asked to pay, the due date, and any unpaid balance. Do not decide to suspend or terminate the arbitration.
- What the lawyer must review
- You decide whether to ask for any measure on nonpayment. Rule R-58 says the AAA requires advance deposits to cover the expense of the arbitration, including arbitrator compensation and expenses, renders an accounting, and returns any unexpended balance. Failure to deposit by the date the AAA sets may lead to the steps in Rule R-59. Rule R-59 says that if compensation, expenses, or administrative fees are not paid in full, the AAA may inform the parties so that one of them may advance the payment. To the extent the law allows, a party may request measures on nonpayment, which may include limiting a party's ability to assert or pursue its claim and prohibiting a non-paying party from filing any motion. In no event shall a party be precluded from defending a claim or counterclaim. The party opposing the request must have an opportunity to respond. If participation is limited, the claiming party who has paid must submit such evidence as the arbitrator requires for an award. The arbitrator, or the AAA if no arbitrator has been appointed, may suspend. If full payments are not made within the time provided after suspension, the arbitrator, or the AAA if none has been appointed, may terminate. That termination is for nonpayment after suspension. 9 U.S.C. § 2 is why a written agreement adopting these rules is enforceable. It does not itself require a deposit or authorize termination.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Trace every relied-on figure to its source, confirm dates and assumptions, and independently recalculate totals or derived amounts.
- Check the current court or regulator requirements, prescribed form and attachments for the intended document and filing.
- Review operative clauses in the complete document, including definitions, cross-references, schedules and inconsistencies with the instructions.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.