What does the Federal Arbitration Act say about the enforcement of arbitration awards?

The Federal Arbitration Act (FAA) is a federal law that dictates how arbitration awards must be enforced. Under the FAA, an arbitration award may be enforced in the same way that a court judgment is enforced. A party to an arbitration may request that a court confirm the award, after which point it has the same legal power as a court judgment. The FAA also allows parties to request that a court modify or vacate an arbitration award. In Kansas, an arbitration award may also be enforced by the court through execution—this means that the court can order the payment of money or the disposing of property in order to satisfy the award. Alternatively, Kansas law provides that a party to an arbitration may petition to have the arbitration award turned into a court judgment—this means that the court can apply the full force of the law to enforce the award. Further, Kansas law provides that an arbitration award may be enforced through garnishment or attachment—this means that a party to an arbitration may request that bank accounts or property be seized in order to satisfy the award. Overall, regardless of the state, the FAA dictates that arbitration awards must be enforced in the same way that court judgments are enforced. An arbitration award is a legally binding decision and must be treated as such, and the FAA provides the framework for enforcing awards.

Related FAQs

How do I select an arbitrator?
What factors should I consider when selecting an arbitration forum?
What is an order to show cause?
How do I submit evidence in an arbitration hearing?
How to I challenge an arbitrator’s decision?
What kinds of disputes can be brought to arbitration?
Are there any limitations on the remedies that can be awarded in an arbitration?
How do I challenge an arbitration award in court?
Is there an appeals process for a motion to disqualify an arbitrator?
What is a U.S. Model Arbitration clause?

What does the Federal Arbitration Act say about the enforcement of arbitration awards?

Related FAQs

Related Blog Posts