Arbitration Clauses In License Agreements (Part 2)

Many intellectual property license agreements refer disputes to arbitration under an arbitration clause. After the arbitrator renders a decision, can that decision be appealed to court? Or is it final and binding on the parties?

This issue was addressed in Affymax, Inc. v. Ortho-McNeil-Janssen Pharmaceuticals, Inc., 660 F.3d 281, 285 (7th Cir. 2011) a decision of the Seventh Circuit Court of Appeals in the US. In that case, the court dealt with an appeal from an arbitrator's decision under a license agreement. The court was clear that it had no interest in vacating or overturning the arbitrator's award, unless the award is reviewable under one of the 4 circumstances in Section 10 of the Federal Arbitration Act (US):