Source: Loree & Loree Blog

Loree & Loree Blog Appellate Division, Fourth Department Vacates Imperfectly Executed Arbitration Award

New York Civil Practice Law & Rules ("CPLR") Section 7511(b)(1)(iii) provides that an arbitration award "shall be vacated" where the arbitrator "so imperfectly executed [the award] that a final and definite award upon the subject matter submitted was not made" CPLR 7511(b)(1)(iii). The Federal Arbitration Act similarly authorizes vacatur "where the arbitrators...so imperfectly executed [their [...]The post Appellate Division, Fourth Department Vacates Imperfectly Executed Arbitration Award appeared first on Loree Reinsurance and Arbitration Law Forum.

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