VIII. Judgment on the Award

• Jurisdiction: New York

VIII. Judgment on the Award

Once an arbitration award is confirmed by the court and judgment is entered, the judgment has the same effect as a judgment in a civil action, with the added advantage of being more difficult to set aside.¹⁴⁶ For example, a judgment entered upon an arbitration award will not be set aside where it is based on perjured testimony. Nor will newly discovered evidence permit it to be set aside.¹⁴⁷ The judgment roll from an arbitration award consists of the agreement, each written extension of time within which to make an award, the award (if by confession, the statement of confession), each paper submitted to the court and each order entered upon a...