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자료유형
학술저널
저자정보
박원형 (목원대학교)
저널정보
한국상사판례학회 상사판례연구 상사판례연구 제21권 제3호
발행연도
2008.1
수록면
335 - 368 (34page)

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During the past decade, parties to arbitration agreements have attempted to broaden the scope of judicial review of arbitral awards by contract, beyond the boundaries established in international and domestic arbitration statutes. This article focuses on the history and evolution of the US court's attitudes towards contractual expansion of judicial review of arbitral awards, but also considers the practical approach of national courts to theses clauses. In light of the fact that the arbitral efficiency is properly a concern for the contracting parties alone, who presumably know what works best for them, it would be extraordinarily officious to insist on imposing the putative benefits of finality and economy on parties who, in their contract, have done everything they possibly could to wriggle out from under them. While the issue is one that has caused a split in the U.S. federal courts of appeals, with seemingly compelling arguments on both sides, it currently remains an open question whether there is a limit to the standard of review parties can impose upon the courts. As arbitration is a creature of contract, the arbitrability of an issue derives fundamentally from the parties' agreement to arbitrate, it is suggested that the contractual expansion of judicial review of arbitral awards can be seen as the party's self-help to secure the arbitral credibility through the court's minimum intervention. Accordingly, it is hoped that the Supreme Court's ultimate ruling shed light on whether private parties have the power to prescribe the scope of judicial review of arbitration awards, and if so, whether there are any limits to contractual authority in this area.

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