- Court: Oregon Court of Appeals
- Area(s) of Law: Remedies
- Date Filed: 08-31-2022
- Case #: A176018
- Judge(s)/Court Below: Joyce, J. for the Court; James, P.J.; and Aoyagi, J.
- Full Text Opinion
Parties entered arbitration to resolve a dispute for an amount due under a legal fee agreement. Petitioner (law firm) disputed the trial court’s judgment confirming an arbitration award does not accrue post-judgment interest. ORS 82.010(2) applies to all judgments; an arbitration award is not a “judgment” as contemplated by the statute. The legislature created a right of the trial court to reduce to judgment an arbitration award. This is evidence that an arbitration award was not intended as a judgment pursuant to ORS 36.700-36.715. When the trial court enters judgment confirming an arbitration award, post-judgment interest from ORS 82.010 then attaches. The Court held that the trial court erred in entering a corrected judgment and removing Respondent's obligation to pay any post-judgmenr interest. Reversed and remanded.