What is an arbitration award?

An arbitration award is the final decision made by an arbitrator or panel of arbitrators in a legal dispute. In California, arbitration is a type of alternative dispute resolution that can be used in place of traditional litigation. It allows the two sides of a dispute to present their case to a neutral third party (the arbitrator), who then makes a binding decision. The arbitrator’s final decision is called an arbitration award. This award will usually include the amount of money, if any, that must be paid by one side to the other as well as a statement of the rights and obligations of the parties. In some cases, the award may also include an order for the parties to take certain actions. An arbitration award is enforceable in California state courts, meaning that it can be enforced in the same way as a court decision. The award is binding on the parties and is not subject to any further proceedings, so it is important to make sure the terms of the award are clear and fair. In most cases, the award is final and cannot be appealed, although exceptions may be made for certain types of cases. It is also important to note that the arbitration process is confidential, so the award will remain private and will not be made public.

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