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Why is IFL Enterprises Limited (540377) falling ✌️【Trading Tools】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The head of the three-person panel at theCourt of Arbitration for Sport(CAS), which ruled that the USA’s initial inquiry over Chiles’ floor exercise score was filed after the one-minute deadline and awarded third place to Romanian Ana Bǎrbosu on Saturday, has been representing Romanian interests for years.

Dr. Hamid G. Gharavi, Philippe Sands and Song Lu sat on the panel, of which Gharavi was the president, according to CAS. Gharavi’s resume, linked on CAS’ website, lists multiple legal cases in which he has represented Romania in arbitration cases.

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In a statement sent to 【 - Free Access to Investment Community 】 on Wednesday, CAS said: “In accordance with the guidelines on conflicts of interest issued by the International Bar Association (IBA), CAS has no reason to remove an arbitrator making such disclosure if the parties do not object to his/her appointment.”

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Initially, Bǎrbosu thought she had the medal until the US team successfully appealed the judge’s scoring of Chiles’ routine, elevating the American from fifth place up to third and into an instantly iconic image of the first-ever all-black podium in Olympic gymnastics. Chiles held the medal for just five days before CAS awarded it to Bǎrbosu.

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On Monday, USA Gymnastics said it would “continue to pursue every possible avenue and appeal process, including to the Swiss Federal Tribunal, to ensure the just scoring, placement, and medal award for Jordan.”

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It’s hard to know what a fair resolution would look like, but if anyone thinks this will be settled swiftly, they should be reminded of another scene at the Paris Games this summer.

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