Arbitration and award

What does Arbitration and award mean in American Law?

The definition of Arbitration and award in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

The name of a plea raised to bar a lawsuit on the ground that the matter had previously been determined by arbitration, i.e., a special form of the plea res judicata.

Meaning of Arbitration and Award

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