Are there any grounds for setting aside an arbitration award?
Yes, there are several grounds for setting aside an arbitration award in Texas. When the parties involved in an arbitration process have an agreement, it must be in accordance with the Texas General Arbitration Act (TGAA). If an arbitration award does not follow the terms of the TGAA, the award can be set aside. Additionally, if the arbitrators have failed to act in accordance with the terms of the arbitration agreement, the award can also be set aside. This includes if the arbitrators working on a dispute have acted without authority or exceeded their authority when making their decision. In the event that the arbitrators have acted fraudulently, the award can also be invalidated. Other grounds for invalidating an arbitration award include if the arbitration award is in violation of public policy, if there was bias in the arbitration process, or if the arbitrator failed to consider the evidence presented by one of the parties. If there was an alleged mistake or misunderstanding in the award, then the award can be set aside. In addition, if a party believes that there was fraud or corruption involved in the process, then the award can also be set aside.
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