GENEVA (FIBA Arbitral Tribunal) - The first FIBA Arbitral Tribunal (FAT) case concerned a dispute between the Montenegrin player Mr. Djuro Ostojic represented by FIBA licensed player agent Mr. Miodrag Raznatovic as Claimant, and the Greek Basketball Club PAOK KAE Thessalonica, Greece as Respondent over the player’s salary. As the Respondent chose not to participate in the proceedings the FAT arbitrator had to make use of the default provisions in the FAT Arbitration rules on 16th August 2007.
After the failure by the Greek Basketball club PAOK KAE to honor the FAT Award, and after numerous reminders to honour the FAT Award, FIBA had to entail a sanction on 29th November 2007 to the PAOK KAE club in banning them of the registration of new players, as provided in the FIBA Internal Regulations.
After intervention and help of the Hellenic Basketball Federation the case has been settled and the ban on PAOK KAE club to register new players has been lifted.
For further information on the FAT Arbitral decision, please click here.
The FIBA Arbitral Tribunal (FAT), a true court of arbitration under Swiss law, has been operational for nine months. It has been created by FIBA in order to facilitate and speed up the resolution of disputes between clubs and players/agents. Proceedings before FAT are swift, efficient and inexpensive. Failure to honor a FAT Award may entail sanctions by FIBA to clubs, player agents, or players, as provided in the FIBA Internal Regulations.
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