What is a motion to modify or correct an arbitration award?
A motion to modify or correct an arbitration award is a legal request for the court to change an arbitration award that has already been issued. In North Carolina, an arbitrator or a party to an arbitration proceeding can file a motion to modify or correct the award when they believe the award is incorrect or incomplete. The motion must be filed within ninety days of the award being issued. When a motion to modify or correct an arbitration award is filed, the court will review the evidence and arguments presented by the parties. The court will decide if the award needs to be changed, either by modifying the award or issuing a new award. In making its decision, the court will consider the arbitration proceedings and determine whether the award was based on a proper interpretation of the law and facts in the case. If the court grants the motion and changes the arbitration award, the amended award will be binding on the parties. The amended award will become the final agreement between the parties and will be enforced as if it was the original award. In the event that the motion is denied, the original arbitration award will remain in place.
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