Article about appeals procedure for binding arbitr

Article about appeals procedure for binding arbitration. This requires that the parties included this in their initial contract. I have not read the agreement between CYDY and Amarex so I don’t know if this applies. Nevertheless, this is one more proof that binding arbitration indeed can be appealed.

Here is an example of one of the appeal procedures:

https://www.jamsadr.com/files/uploads/documen...-01-28.pdf

Quote:

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The Appeal Tribunal (appointed by CPR from its panel and limited to former federal judges) may modify or set aside the original award only on the following grounds: the award contains material and prejudicial errors of law of such a nature that it does not rest upon any appropriate legal basis; the award is based upon factual findings clearly unsupported by the record; or the award is subject to one or more of the grounds set forth in the FAA for vacating an award.

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The grounds for overturning an award are limited, but there is plenty of fodder there for a good attorney to make a case for overturning the ruling if indeed it is unfair.