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 ?
Procedures before the TFF Board of Arbitration constitute compulsory arbitration procedures in the sense of the article 59 of the Constitution.
117) According to the letter, the decisions concerning the matches are already rendered by PFDB and by the Board of Arbitration and as per the Article 59 of the Constitution (118) it is not possible to appeal against TFF Board of Arbitration's decisions.
As the revision procedure is to be carried out by the Board of Arbitration itself, it cannot be considered as an appeal to another judicial body in the sense of article 59 of the Constitution.
124) The UEFA also stated that the decisions of the TFF Board of Arbitration has been received but not yet reviewed in details and that a final decision of the UEFA Disciplinary Body on the matter was pending.
It should be underlined that, currently (160), mainly Trabzonspor, runners-up in the 2010/2011 league, is still continuing its legal battle against the decision taken by the TFF Board of Arbitration.
176) As invoked above (177), Engin Tuzcuoglu, the president of the TFF Board of Arbitration, is the lawyer who wrote the expert opinion in favor of Fenerbahce during the criminal proceedings of the corruption case.
Possibility of appeal against the decision rendered by TFF Board of Arbitration
181) Moreover, as per Article 64 of the TFF Statutes, the decisions taken by the independent and duly constituted TFF Board of Arbitration cannot be appealed before CAS.
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