I need to determinate which is the legal nature of an award. I need to find if the award's nature is contractual OR a different one. Regarding with this, i need to find if there is any jurisprudence that justifies your answer, thanks.
It could depend on the matter being arbitrated. There are arbitrations for contract disputes, personal injury, maritime salvage, and other types of matters, contractual and non-contractual in nature. If you are doing this for school, you could look for arbitrator's decisions that have been posted online. You could also visit websites of organizations that conduct arbitrations, such as the American Arbitration Association, and see if they have resources that you could read to learn more. Good luck
Tim Akpinar
Internet opportunity
If someone on the internet proposed a 'retirment plan' where the participant would give the owner say $10 a month for 24 months and the owner would then give that person say $1000 a month for as long as that person continued giving him $10 a month, with no written agreements of any kind, would that be legal? Or just fall under the heading of 'a fool and his money'?
