ENFORCEMENT OF DOMESTIC ARBTRAL AWARDS IN THE FEDERAL ARBITRATION ACT

Articles in Press

Document Type : Original Article

Authors

1 department of law,najaf abad branch, islamic azad university, najaf abad, iran

2 Department of law,Najafabad branch,Islamic Azad University, Najafabad, Iran. Department of law, Science and Research Branch ,Islamic Azad university,tehran, iran

3 Department of law, Najafabad branch, Islamic Azad University, Najafabad, Iran. department of law, Isfahan University,Isfahan Iran

10.52547/jlr.2023.117131.1118

Abstract

Arbitration has been considered as a most significant alternative dispute resolution process in United States of America. In relating to enforcement of arbitration awards there are a principal source of law: "Federal Arbitration Act" which is adopted in 1925.Articles 9-14 of this statute contains provisions about enforcement and obstacles to arbitration awards. Enforcement of arbitral awards requires the judicial procedures and supervisions in United States. In accordance with this law the party who is seeking for enforcement must file a motion (confirmation request) and bring necessary documents to the appropriate court during one year. Arbitration awards are not enforceable without judicial confirmation. Vacation, modification and correction of arbitral awards have limitative statutory grounds which are stipulated in the law. The courts are uncertain concerning to whether non-statutory grounds for vacating of awards accepted. Despite of this doubt, however, the other grounds have been created in U.S judicial precedent. Nonetheless both legislature and courts in U.S.A endeavor for esteem and prevalence of arbitration process and ordain some circumscriptions for enforcement and vacating of arbitration awards.

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Legal Research Quarterly

Articles in Press, Accepted Manuscript
Available Online from 15 July 2023

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History

  • Receive Date: 06 February 2018
  • Revise Date: 22 December 2024
  • Accept Date: 15 July 2023

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