BASKETBALL ARBITRAL TRIBUNAL (BAT)
Mr. Klaus Reichert
in the arbitration proceedings
Parkwijklaan 229, 1326 JT Almere, Netherlands
Krasnye Krylia Samara
Ul. Evrosheskogo 18, 443086 Samara, Russia
1. Background of the Award by Consent
By Request for Arbitration dated 23 November 2011, the Claimant initiated arbitration proceedings against the Respondent (Claimant and Respondent are hereinafter collectively referred to as the “Parties”).
By three emails of 5 January 2012, the Claimant informed the BAT that the Parties had settled their dispute and provided the BAT with the pertinent exchange of correspondence between the Parties. The Claimant further informed the BAT that the first instalment under the settlement agreement (EUR 10,250) had already been paid by the Respondent and that the Parties were now seeking a Consent Award.
By letter dated 31 January 2012, the Parties were informed by the Basketball Arbitral Tribunal (“BAT”) as follows:
“This is to confirm that a Request for Arbitration dated 23 November 2011 was filed by Mr.… Read More