The above answers are close - but the exact meaning can't be discerned without additional context. Under New York law, you can either seek to enforce or seek to overturn an arbitrator's award in State Supreme Court. (Overturning it is only possible under very limited circumstances.)
So, what has happened in this case is one of the two alternatives: either a winning party sought to enforce the award or the losing party sought to overturn it. Whichever the predicate, the result was that the Supreme Court agreed to enforce the award, and entered a judgment on which collection may be attempted.
2007-07-16 17:06:38
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answer #1
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answered by Anonymous
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When an arbitration (private dispute resolution) occurs, the arbiter makes a decision, which is called the award.
However, the arbiter does not have any legal authority, not being an officer of the govt. So, the winning party takes the arbiter's award to a court, and asks the court to enter a judgment confirming the award and ordering the losing party to pay the award.
New York (unlike every other state) calls its general trial court the "Supreme Court". So, it means that the trial court entered a judgment confirming an arbitration award.
2007-07-16 21:34:18
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answer #2
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answered by coragryph 7
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My answer is based on California law. Most arbitrations here are non-binding, meaning that the arbitrator's award does NOT become a judgment IF a trial de novo request is filed with the court within a specified number of days. Contractual arbitration, however, and arbitration otherwise stipulated to as binding, does not have a trial de novo option and the right to arbitration may be asserted in a petition as may the the right to entry of the award as a judgment. In binding arb, the party against whom judgment is entered has a few limited options available to attempt to prevent entry of the judgment (irregularity of the arbitration, and other specified grounds).
2007-07-17 06:59:25
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answer #3
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answered by MALIBU CANYON 4
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The Supreme Court has come to a decision on this case (arbitration award).
2007-07-24 09:18:07
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answer #4
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answered by Anonymous
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After an arbitrator decides a case, in order to get it enforced, the party that won has to take it to court and get a judge to enter judgment on it. This is basically a rubber stamp of approval. Once this is done, it is enforceable like any other court judgment.
2007-07-16 21:30:44
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answer #5
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answered by Anonymous
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2 parties had a dispute, they went to a neutral 3rd party to resolve the issue. Now they are going to a supreme court judge to finalize it
2007-07-16 21:36:04
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answer #6
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answered by Tahj 2
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