Can an arbitration award be annulled?
Yes, an arbitration award can be annulled in Delaware. Annulment is a legal action which can be used to nullify a decision rendered by an arbitration tribunal. Annulment is generally available to parties in an arbitration who feel that the arbitration award was made in error, or determined on the basis of incorrect facts or legal principles. In Delaware, annulment of an arbitration award may be allowed by the courts in certain situations. For example, if the arbitrator exceeded their authority by ruling on matters that were not part of the dispute between the parties, annulment may be possible. Additionally, annulment may be granted if the award was procured by fraud, or if there was some form of corruption present in the decision-making process. Further, annulment is possible if the award was determined on the basis of a fundamental mistake of law or fact. This applies to cases where the arbitrator misinterpreted the intention of the parties, or misinterpreted the applicable law or facts relevant to the dispute. In such cases, the court may annul the arbitration award so that the dispute can be heard again. Finally, annulment may be granted if a party was prevented from conducting a full defense or presenting relevant evidence due to the fault of the opposing party or the arbitrator. In such cases, the court may decide to annul the arbitration award and refer the case back to the arbitration tribunal for reconsideration.
Related FAQs
What is a writ of mandamus?What is estoppel in arbitration?
Are there any limitations on the remedies that can be awarded in an arbitration?
What is a multi-party arbitration?
How is an arbitration award enforced?
Are there limits to the amount of attorney’s fees that can be awarded by an arbitrator?
What is the definition of “party autonomy” in arbitration?
How do I challenge an arbitration award?
What is a motion to confirm an arbitration award?
What is a motion to limit the scope of an arbitration?
Related Blog Posts
Unlocking the Basics of Arbitration Law: What You Need to Know - July 31, 2023Top Tips for Navigating Arbitration Law Successfully - August 7, 2023
Comparing International and Domestic Arbitration: What Businesses Should Know - August 14, 2023
Effective Strategies for Drafting Arbitration Agreements - August 21, 2023
Common Misconceptions About Arbitration Law: What Everyone Needs to Know - August 28, 2023