Settlement of claim through negotiation, mediation, or arbitration; legal proceedings; recovery of costs

Sec. 14. (a) This section applies if a claim is settled through negotiation, mediation, or arbitration. (b) The settlement of the claim must be documented in a written agreement signed by each of the parties. (c) If a party fails to abide by the settlement agreement signed under subsection (b), the other party may begin legal proceedings without again complying with this chapter. (d) If a party who begins legal proceedings under subsection (c) prevails in those legal proceedings, the party is entitled to recover from the other party: (1) court costs; (2) attorney's fees; and (3) all other reasonable costs incurred in enforcing the settlement agreement. As added by P.L.141-2015, SEC.14.