
das Schiedsgericht
arbitration court
A non-state court appointed by the parties involved to make a binding decision in a legal dispute. It is often used in business or sports matters to avoid lengthy state court proceedings.
Die beiden Unternehmen einigten sich darauf, ihren Vertragsstreit vor einem Schiedsgericht zu klären.
The two companies agreed to settle their contract dispute before an arbitration court.
