Can arbitration awards be appealed?
Yes, arbitration awards can be appealed in Delaware. Under Delaware law, parties to an arbitrated dispute have the right to appeal an arbitration award if they feel that the ruling was incorrect or that their legal rights were not fully addressed. The party who wishes to appeal must file a petition with the Chancery Court within 20 days of receiving the arbitration award. The petition must contain reasons why the arbitration award should be overturned, and it must be accompanied by a new filing fee. The Chancery Court may grant an appeal if it finds valid grounds for the appeal, such as fraud, misinterpretation of the law, or improper conduct of the arbitrators. If the court grants the appeal, it may then make a decision on the case or send it back to the arbitrators for re-evaluation. In Delaware, as in other states, parties to an arbitration agreement must follow its terms. If the terms of the agreement state that the arbitration award is final and cannot be appealed, then the parties must abide by this clause. It is important to be aware of the terms of any arbitration agreement prior to signing it.
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