Maxim 8.8.16
An award is a judgment.
Arbitrium est judicium.
Source: Jenk. Cent. 137; Jackson; Weisman, 64c
Difficulty 2/5 — Approachable
Explanation
An arbitral award carries the same force as a court judgment — it is binding on the parties and enforceable as law.
Where this applies
- We went through arbitration and the arbitrator made a decision — that's as good as a court judgment.
- An arbitral award has the same binding effect as a formal judicial ruling.
Legal domains
Cite this maxim
NeCede Max. 8.8.16 — An award is a judgment. — Jenk. Cent. 137; Jackson; Weisman, 64c (Arbitrium est judicium.)
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