Reasoned Award
An award setting out the arbitrator's reasoning rather than a bare result.
Whether an award must be reasoned is a matter of contract and provider rules. In mass proceedings the question carries added weight: reasoned awards in bellwether cases become the de facto precedent governing an inventory, while bare awards leave later claimants without any basis to assess how their claims were valued.
See also
Published for legal professionals. Analysis and summaries only — not legal advice, and no attorney-client relationship is created by use of this site.