City National Bank of Detroit v. Westland Towers Apts.

I respectfully dissent from the holding in docket number 49955 and would award the attorney fees which the arbitrator assessed as the "reasonable value” of the attorney’s services.

In any dispute regarding costs or fees, the amounts submitted for settlement are usually figures for which the parties are willing to settle without the necessity of litigation or extended hassle. The figures usually represent amounts for less than the party thinks actually is owing. In short, they represent an offer of compromise.

However, once either party decides to reject the compromised settlement offer, and…