The Applicant sought to withdraw his application for arbitration at the Financial Services Commission of Ontario shortly before a rescheduled hearing, citing a desire to avoid a multiplicity of proceedings given parallel Superior Court actions.
The Insurer objected and sought its expenses.
The Arbitrator found the late withdrawal unjustified and awarded the Insurer $5,500.00 in expenses for costs thrown away, applying principles of reasonableness and consumer protection.
