closeup of a pencil eraser correcting an errorIn furtherance of the paramount importance of finality and integrity of arbitral awards, with very few exceptions, courts in the United States generally apply the functus officio doctrine to prevent arbitrators from correcting manifest substantive errors or omissions in arbitral awards that the arbitrators or parties identify in an award after the arbitrators have rendered it.

The strict application of the functus officio doctrine by U.S. courts has its roots in the common law and comports with arbitration rules that almost universally incorporate the functus officio doctrine and limit the type of errors in arbitral awards that arbitrators may correct to typographical, clerical or computational errors. As a result of these prescribed limitations in the law and arbitration rules, increased costs and delay can arise when courts are asked to annul or deny recognition of a revised award in which an arbitral tribunal attempted to correct a non-clerical or non-computational error. Am. Int’l v. Allied Capital (2020); T. Co. v. Dempsey (2010).

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]