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Does Arbitration Enforce Settlement?

The award can be enforced in any court having jurisdiction, with only limited statutory grounds for resisting the award. If, in a domestic transaction, as distinguished from an international one, the parties desire that the arbitration clause be final, binding and enforceable, it is essential that the clause contain an entry of judgment provision such as that found in the standard arbitration clause (and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof).

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