Law Finance Group, LLC v. Key

Summary

The court held that the 100-day deadline for requesting vacatur of an arbitration award is a nonjurisdictional statute of limitations, although it remains applicable alongside the general deadline for responding to a confirmation petition. The deadline may be subject to equitable tolling and equitable estoppel in appropriate exceptional circumstances. The court also held that a claim that an arbitration award enforces an illegal contract may be forfeited if not timely raised, and remanded for consideration of whether equitable relief excuses the untimeliness here.