Hellmuth, Obata & Kassabaum v. Ratnet

Appellant, James Ratner, acting as trustee for the owners of Parmatown Mall, submitted a dispute with appellee, Hellmuth, Obata and Kassabaum, architects (“HOK”) to the American Arbitration Association pursuant to a contractual agreement previously entered into by the parties. On February 23, 1983 the arbitrators found in favor of appellant and against appellee on all claims and awarded $666,400 to appellant. HOK tendered a draft in that amount on May 25, 1983, which appellant accepted in partial satisfaction of the obligation excluding interest, which it claimed from the date of the award.

On…