Sec. 50a-128. Rules applicable to substance of dispute. (1) The arbitral tribunal
shall decide the dispute in accordance with such rules of law as are chosen by the parties
as applicable to the substance of the dispute. Any designation of the law or legal system
of the given country, or political subdivision thereof, shall be construed, unless otherwise
expressed, as directly referring to the substantive law of that country, or political subdivision thereof, and not to its conflict of laws rules.
(2) Failing any designation by the parties, the arbitral tribunal shall apply the law
determined by the conflict of laws rules which it considers applicable.
(3) The arbitral tribunal shall decide ex aequo et bono or as amiable compositeur
only if the parties have expressly authorized it do so.
(4) In all cases, the arbitral tribunal shall decide in accordance with the terms of the
contract and shall take into account the usages of the trade applicable to the transaction.
(P.A. 89-179, S. 28.)
Sec. 50a-129. Decision-making by panel of arbitrators. In arbitral proceedings
with more than one arbitrator, any decision of the arbitral tribunal shall be made, unless
otherwise agreed by the parties, by a majority of all its members. However, questions
of procedure may be decided by a presiding arbitrator, if so authorized by the parties
or all members of the arbitral tribunal.
(P.A. 89-179, S. 29.)
Sec. 50a-130. Settlement. (1) If, during arbitral proceedings, the parties settle the
dispute, the arbitral tribunal shall terminate the proceeding and, if requested by the
parties and not objected to by the arbitral tribunal, record the settlement in the form of
an arbitral award on agreed terms.
(2) An award on agreed terms shall be made in accordance with the provisions of
section 50a-131 and shall state that it is an award. Such an award has the same status
and effect as any other award on the merits of the case.
(P.A. 89-179, S. 30.)
Cited. 234 C. 123, 138.
Sec. 50a-131. Form and contents of award. (1) The award shall be made in writing and shall be signed by the arbitrator or arbitrators. In arbitral proceedings with more
than one arbitrator, the signatures of the majority of all members of the arbitral tribunal
shall suffice, provided that the reason for any omitted signature is stated.
(2) The award shall state the reasons upon which it is based, unless the parties have
agreed that no reasons are to be given or the award is an award on agreed terms under
section 50a-130.
(3) The award shall state its date and the place of arbitration as determined in accordance with subsection (1) of section 50a-120. The award shall be deemed to have been
made at that place.
(4) After the award is made, a copy signed by the arbitrators in accordance with
subsection (1) of this section shall be delivered to each party.
(P.A. 89-179, S. 31.)
Sec. 50a-132. Termination of proceedings. (1) The arbitral proceedings are terminated by the final award or by an order of the arbitral tribunal in accordance with
subsection (2) of this section.
(2) The arbitral tribunal shall issue an order for the termination of the arbitral proceedings when:
(a) The claimant withdraws his claim, unless the respondent objects thereto and the
arbitral tribunal recognizes a legitimate interest on his part in obtaining a final settlement
of the dispute;
(b) The parties agree on the termination of the proceedings;
(c) The arbitral tribunal finds that the continuation of the proceedings has for any
other reason become unnecessary or impossible.
(3) The mandate of the arbitral tribunal terminates with the termination of the arbitral proceedings, subject to the provisions of section 50a-133 and subsection (4) of
section 50a-134.
(P.A. 89-179, S. 32.)
Sec. 50a-133. Correction and interpretation of award. Additional award. (1)
Within thirty days of receipt of the award, unless another period of time has been agreed
upon by the parties:
(a) A party, with notice to the other party, may request the arbitral tribunal to correct
in the award any errors in computation, any clerical or typographical errors or any errors
of similar nature;
(b) If so agreed by the parties, a party, with notice to the other party, may request
the arbitral tribunal to give an interpretation of a specific point or part of the award. If
the arbitral tribunal considers the request to be justified, it shall make the correction or
give the interpretation within thirty days of receipt of the request. The interpretation
shall form part of the award.
(2) The arbitral tribunal may correct any error of the type referred to in subdivision
(a) of subsection (1) of this section on its own initiative within thirty days of the date
of the award.
(3) Unless otherwise agreed by the parties, a party, with notice to the other party,
may request, within thirty days of receipt of the award, the arbitral tribunal to make an
additional award as to claims presented in the arbitral proceedings but omitted from the
award. If the arbitral tribunal considers the request to be justified, it shall make the
additional award within sixty days.
(4) The arbitral tribunal may extend, if necessary, the period of time within which
it shall make a correction, an interpretation or an additional award under subsection (1)
or (3) of this section.
(5) The provisions of section 50a-131 shall apply to a correction or interpretation
of the award or to an additional award.
(P.A. 89-179, S. 33.)
Sec. 50a-134. Application for setting aside as exclusive recourse against arbitral award. (1) Recourse to a court against an arbitral award may be made only by an
application for setting aside in accordance with subsections (2) and (3) of this section.
(2) An arbitral award may be set aside by the court specified in section 50a-106
only if:
(a) The party making the application furnishes proof that:
(i) A party to the arbitration agreement referred to in section 50a-107 was under
some incapacity; or the said agreement is not valid under the law to which the parties
have subjected it or, failing any indication thereon, under the law of this state; or
(ii) The party making the application was not given proper notice of the appointment
of an arbitrator or of the arbitral proceedings or was otherwise unable to present his
case; or
(iii) The award deals with a dispute not contemplated by or not falling within the
terms of the submission to arbitration, or contains decisions on matters beyond the scope
of the submission to arbitration, provided that, if the decisions on matters submitted to
arbitration can be separated from those not so submitted, only that part of the award
which contains decisions on matters not submitted to arbitration may be set aside; or
(iv) The composition of the arbitral tribunal or the arbitral procedure was not in
accordance with the agreement of the parties, unless such agreement was in conflict
with a provision of this chapter, or, failing such agreement, was not in accordance with
this chapter; or
(b) The court finds that:
(i) The subject matter of the dispute is not capable of settlement by arbitration under
the law of this state; or
(ii) The award is in conflict with the public policy of this state.
(3) An application for setting aside may not be made after three months have elapsed
from the date on which the party making that application received the award or, if a
request was made under section 50a-133, from the date on which that request was disposed of by the arbitral tribunal.
(4) The court, when asked to set aside an award, may, where appropriate and so
requested by a party, suspend the setting aside proceedings for a period of time determined by it in order to give the arbitral tribunal an opportunity to resume the arbitral
proceedings or to take such other action as in the arbitral tribunal's opinion will eliminate
the grounds for setting aside.
(P.A. 89-179, S. 34.)
Sec. 50a-135. Recognition and enforcement of award. (1) An arbitral award,
irrespective of the country in which it was made, shall be recognized as binding and,
upon application in writing to the competent court, shall be enforced subject to the
provisions of this section and of section 50a-136.
(2) The party relying on an award or applying for its enforcement shall supply the
duly authenticated original award or a duly certified copy thereof, and the original arbitration agreement referred to in section 50a-107 or a duly certified copy thereof.
(P.A. 89-179, S. 35.)
Sec. 50a-136. Grounds for refusing recognition or enforcement of award. (1)
Recognition or enforcement of an arbitral award, irrespective of the country in which
it was made, may be refused only:
(a) At the request of the party against whom it is invoked, if that party furnishes to
the competent court where recognition or enforcement is sought proof that:
(i) A party to the arbitration agreement referred to in section 50a-107 was under
some incapacity; or the said agreement is not valid under the law to which the parties
have subjected it or, failing any indication thereon, under the law of the country where
the award was made; or
(ii) The party against whom the award is invoked was not given proper notice of
the appointment of an arbitrator or of the arbitral proceedings or was otherwise unable
to present his case; or
(iii) The award deals with a dispute not contemplated by or not falling within the
terms of the submission to arbitration, or it contains decisions on matters beyond the
scope of the submission to arbitration, provided that, if the decisions on matters submitted to arbitration can be separated from those not so submitted, that part of the award
which contains decisions on matters submitted to arbitration may be recognized and
enforced; or
(iv) The composition of the arbitral tribunal or the arbitral procedure was not in
accordance with the agreement of the parties or, failing such agreement, was not in
accordance with the law of the country where the arbitration took place; or
(v) The award has not yet become binding on the parties or has been set aside or
suspended by a court of the country in which, or under the law of which, that award
was made; or
(b) If the court finds that:
(i) The subject matter of the dispute is not capable of settlement by arbitration under
the law of this state; or
(ii) The recognition or enforcement of the award would be contrary to the public
policy of this state.
(2) If an application for setting aside or suspension of an award has been made to
a court referred to in subparagraph (v) of subdivision (a) of subsection (1) of this section,
the court where recognition or enforcement is sought may, if it considers it proper,
adjourn its decision and may also, on the application of the party claiming recognition
or enforcement of the award, order the other party to provide appropriate security.
(P.A. 89-179, S. 36.)