You certain of that? That sounds more like mediation.
From the BBC:
Each party nominates an individual from the Tribunal Candidate List, and those two appoint someone who has been a judge, solicitor or advocate for at least ten years to act as chairman.
Gerry Moynihan QC, acting for the SPFL, intimated this could happen as early as Monday however, as yet, no formal dispute has been registered with the Scottish FA.
At the outset, the legal representative for Hearts and Thistle said it was unlikely an agreement could be reached through arbitration but that is now how their claims of "unfair prejudice" in being relegated will be adjudicated upon.
Are you saying if one side doesn't like the outcome they can just demand to go to Court? Doesn't sound right