The Federal Arbitration Act. ("FAA") and some state laws provide the reasons why an award can be vacated (thrown out), modified (changed), or corrected.This Note explains the procedural steps and the grounds to vacate or modify an arbitral award under Texas the Texas. This article aims to demystify the Texas Arbitration Act, making it more accessible for those involved in or considering arbitration in Texas. (b) A party may revoke the agreement only on a ground that exists at law or in equity for the revocation of a contract. Acts 1965, 59th Leg. To determine whether, and on what grounds, you can appeal an unfavorable arbitration award, the first step is to review the agreement that approved arbitration. This post discusses one such deadlinethe one to file a motion to vacate or modify the award. The Basics of Confirming, Vacating, Modifying and Correcting an Arbitration Award Under the Federal Arbitration Act and the Texas Arbitration Act. Whether you win, lose or draw in arbitration, the decision of the arbitrator is final and there is no meaningful basis for appeal.