Kaan Ekiner and Mark Felger, writing in the Delaware Business Court Insider, discuss a recent Delaware Court of Chancery decision that demonstrates the court’s reluctance to vacate an arbitration award even where the arbitration proceeding and the resulting award might be flawed. The decision illustrates that the court is not an appeals court to the arbitration panel, and great deference will be afforded to the parties’ agreement to submit certain disputes to arbitration and to accept the results of arbitration, absent fraud or other very limited exceptions.
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