Commercial Division Blog
Interlocutory Arbitral Awards Not Subject to Judicial Review
On December 12, 2019, the First Department issued a decision in Matter of Capital Enters. Co. v. Dworman, 2019 NY Slip Op. 08936, holding that interlocutory arbitral awards are not subject to judicial review, explaining:
The arbitrator's orders were issued in connection with the sale process that followed the issuance of a partial final arbitral award. However, the orders are interlocutory and therefore not subject to judicial review. After the sale process has been concluded, when the properties have been sold and a final accounting rendered, petitioner may seek to vacate the final award.
(Internal citations omitted).
Commercial litigation involves more than courts. Disputes often are--by agreement--decided by private arbitrators. Contact Schlam Stone & Dolan partner John Lundin at email@example.com if you or a client have a question regarding a dispute that is subject to an arbitration agreement.