The Panel considered Respondents* Motion to Dismiss based upon the fact that Respondent Lowman's father was a joint account holder and had not consented to this arbitration, and denied the Motion.
The parties have agreed that the Award in this matter may be executed in counterpart copies or that a handwritten, signed Award may be entered.
AWARD
After considering the pleadings, the testimony and evidence presented at the hearing, the Panel decided in full and final resolution of the issues submitted for determination as follows:
1. That Respondent Gruntal must release to Claimant, the entire sum of money in the Gruntal joint account #721-877-216 of Marie E. Myers and Kenneth Lowman, Sr., as of June 1, 2000, plus any and all accrued interest in the joint account up to the date of disbursement of the funds; and
2. That each party is to bear their own costs and expenses, including attorneys' fees, with the exception of forum fees as specified below; and
3. That any and all relief not specifically addressed herein, including punitive damages, is denied.