A Primer On Appealing Arbitration Awards

Law360, New York (January 3, 2014, 1:01 PM EST) -- Arbitration is a faster and less expensive way to resolve disputes. One significant drawback of arbitration, however, is that there has been almost no way to overcome an aberrant decision by the arbitrator.

Even when the arbitrator applies the wrong law or plainly mistakes the facts, courts will rarely disturb the award. To address this concern, the American Arbitration Association has created new optional appellate arbitration rules to provide an expedited and complete review of the arbitration decision.

Review in the Courts

Under the Federal Arbitration...
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