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Arbitration is a legal mechanism used by individuals and companies to resolve disputes outside of formal court proceedings, thanks to its speed, flexibility, and confidentiality. These advantages have made it a preferred option in commercial and investment transactions. Consequently, an arbitration award acquires the force of res judicata and is considered final and enforceable. However, this authority is not absolute; it is subject to limited and exclusive judicial review through an "annulment of the arbitration award," which aims to invalidate the award if it contains serious formal or procedural defects, without re-examining the merits of the dispute.