California, United States of America
The following excerpt is from J. Alexander Securities, Inc. v. Mendez, 17 Cal.App.4th 1083, 21 Cal.Rptr.2d 826 (Cal. App. 1993):
These statutes provide the exclusive grounds upon which a court may review private arbitration awards. (Moncharsh v. Heily & Blase (1992) 3 Cal.4th 1, 26-28, 10 Cal.Rptr.2d 183, 832 P.2d 899.) Judicial review of arbitration awards is limited to these specific and narrow statutory grounds, since "by voluntarily submitting to arbitration, the parties have agreed to bear [the risk of an erroneous decision by the arbitrator] in return for a quick, inexpensive, and conclusive resolution to their dispute." (Id. at pp. 11-12, 10 Cal.Rptr.2d 183, 832 P.2d 899.)
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