The Propriety of Expanded Judicial Review Under the FAA: Achieving a Balance Between Enforcing Parties' Agreements According to their Terms and Maintaining Arbitral Efficiency

Authors

Eric Chafetz, Togut, Segal & Segal

Abstract

After an arbitration is concluded, the arbitrator or panel issues an award. An award is analogous to a court's judgment. Parties to an arbitration award can voluntarily comply with the award, without court intervention. However, unlike a trial where a judge's order marks the end of the proceedings, an arbitrator's award has no actual legal affect without court intervention. Court intervention occurs when a party files a motion either to confirm or to vacate an arbitration award.

Disciplines

Contracts | Dispute Resolution and Arbitration | Judges | Law

Recommended Citation

Eric Chafetz, The Propriety of Expanded Judicial Review Under the FAA: Achieving a Balance Between Enforcing Parties' Agreements According to their Terms and Maintaining Arbitral Efficiency, 8 Cardozo J. Conflict Resol. 1 (2006).
Available at: https://larc.cardozo.yu.edu/cjcr/vol8/iss1/3