Michigan Exhibit A Arbitrator's Award
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FAQ
Depending on the rules and the parties' arbitration agreement, the date the award must be given to the parties may differ, but it is usually between 14 and 30 days from the close of hearings.
The short answer is no, you do not need a lawyer in arbitration. However, because the dispute resolution process is adversarial in nature, and the outcome is often final and affects your rights, you may want a lawyer's help in preparing and presenting your case.
More often than not, the losing party, having agreed to arbitrate, will pay the arbitrator's award and move forward. If that does not happen, the arbitration award is enforceable in court.If a motion to vacate is filed, the prevailing party can file a cross-motion to confirm the arbitrator's award.
To win the arbitration of the closer cases, don't run away from bad facts or create issues where they do not exist. You only have to win the case, not every argument, document or examination. Present the case accurately, fully and logically.
An arbitration award is the award granted by the arbitrator in their decision. This award can be money one party has to pay to the other party. It can also be a non-financial award, such as stopping a certain business practice or adding an employment incentive.
The arbitrator will write the award and the AAA® will send that to the parties once it is ready. Depending on the rules and the parties' arbitration agreement, the date the award must be given to the parties may differ, but it is usually between 14 and 30 days from the close of hearings.
Requests for confirmation of an arbitral award must be submitted by motion or petition (9 U.S.C. § 13). Together with the petition or motion, a party seeking confirmation under Chapter 1 of the FAA must file: 220e The arbitration agreement.
The proper method for seeking to enforce an arbitration award under the Federal Act is to file a motion for confirmation in the appropriate court. That court must grant the motion and enter judgment on the confirmation order unless the opposing party files a timely motion to vacate, modify, or correct the award.
