Most arbitration rules do not allow parties to lodge an appeal...

Most arbitration rules do not allow parties to lodge an appeal to an arbitration award in international arbitration. Thus, the selection of an appropriate arbitral tribunal and experienced arbitration counsel is critically important, as the facts and the law cannot generally be reheard. Awards can be annulled (meaning that the arbitration must be recommenced) or corrected under most rules, based mainly on procedural issues, a lack of arbitrability, a lack of jurisdiction and violations of public policy. Nevertheless, each award is usually considered final, binding, enforceable, and incapable of being appealed. The inability to appeal decisions is the core reason why arbitration proceedings tend to be swifter than legal proceedings before domestic courts.