board of arbitration

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Board of Arbitration

A panel of impartial persons appointed to resolve a dispute in an extrajudicial process. There are generally three arbitrators, but there may be up to five. Parties in arbitration agree to allow the decision of the board of arbitration to be binding and to forego the right to an appeal.

board of arbitration

A group of three to five people selected to arbitrate disputes between securities firms. The board's rulings are final for disputes in which both parties have agreed to arbitration.
References in periodicals archive ?
That is to say the Supreme Court decision in this case (22) ultimately moved the employees' relationship back closer to the master-servant model: but originally, when brought before the Labour Arbitration Board, (23) the employee's tenure prevailed and was subsequently upheld up by a judge on the Ontario Appeal Court, in much the same fashion as the Lethbridge case under discussion where right to tenure was again supported by the Alberta Appeal Court.
In addition, the arbitration board will only hear matters whose value does not exceed five hundred thousand Kuwait Dinars (KD 500,000), including those financial conflicts arising from administrative contracts.
Keshavjee worked with the Ismaili Muslim Conciliation and Arbitration Boards, developing and delivering training for ADR practitioners in fourteen countries.
The employer appealed, and the New Brunswick Court of Queen's Bench set aside the finding of the arbitration board, holding that it was unreasonable, because of the dangerousness of the workplace (note: the worksite was ruled by the arbitration board to be "dangerous" and subsequent courts accepted this ruling).
group, was banned by an arbitration board on July 20 after reports linked him to kinky bondage pornography and a series of edits to that material that violated the firm's policies.
Ray has served on the CIBS Ethics and Arbitration Board and the Incorporated Village of Roslyn Estates Zoning Board of Appeals and as President of Homeowners Association of Villas at Harts Cove.
Businesses are now benefiting from zero rates, arbitration board clauses and a new Licence Box Rule, he adds.
Finally, although the Public Commission's recommendations would be non-binding, they could be of assistance and guidance to the arbitration board.
In case of disagreement, a report will be made and the Conciliation Board made up of the Head of the High Arbitration Board and four scholars will step in.
Thus, until the issue of comparability is resolved by the arbitration board, it would be premature for us to consider the merits of these additional issues.
5million when the arbitration board set a compensation figure in January.
The arbitration board has the difficult task of determining whether the worksheet appropriately reports the net income from the transaction and, further, whether the worksheet is in conformity with GAAP and whether it includes expenses that are reliable.