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FL S1114

Bill

Status

Introduced

1/11/2010

Primary Sponsor

Larcenia Bullard

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Replaces Florida's international arbitration law with the "Florida International Commercial Arbitration Act" based on the UNCITRAL Model Law, applying to international commercial arbitrations with a seat in Florida.

  • Establishes comprehensive arbitration procedures including: arbitrator appointment and challenge mechanisms, tribunal jurisdiction determinations, interim measures of protection, arbitral proceedings rules, and award formation requirements.

  • Allows courts to intervene only as authorized by the act, including referring parties to arbitration when an arbitration agreement exists, granting interim measures, and assisting in witness examination.

  • Permits arbitral tribunals to grant interim measures and preliminary orders to preserve the status quo, prevent harm, preserve assets, or maintain evidence; preliminary orders expire after 20 days but may be replaced by interim measures after the other party is heard.

  • Limits court review of arbitral awards to a 3-month window post-award, allowing set-aside only on grounds including party incapacity, invalid arbitration agreement, lack of proper notice, decisions beyond arbitration scope, procedural violations, or public policy conflicts.

Legislative Description

International Commercial Arbitration [CPSC]

Last Action

Read 3rd time -SJ 00739; Substituted CS/HB 821 -SJ 00739; Laid on Table, companion bill(s) passed, see CS/HB 821 (Ch. 2010-60) -SJ 00739

4/22/2010

Committee Referrals

Rules3/22/2010
Judiciary3/8/2010
Commerce1/20/2010

Full Bill Text

No bill text available