Clarendon National Insurance v. TIG Reinsurance Co.
Petitioner Clarendon National Insurance Company sought to confirm a partial arbitration award correcting a mathematical error and modify a prior judgment, while Respondent TIG Reinsurance Company cross-moved to vacate the award. The court addressed whether arbitrators could correct a mathematical error in a previously issued and partially confirmed award, applying exceptions to the functus officio doctrine. Given the acknowledged mistake by the arbitrators and TIG's awareness of the incorrect figure, the court found extraordinary circumstances. Consequently, Clarendon's motion was granted, the corrected partial award confirmed, and the judgment modified, denying TIG's cross-motion, to ensure substantial justice.