AWARDS 103 - SETTLEMENT OF CLAIMS BY AUTHORIZED REPRESENTATIVES ARE FINAL AND BINDING

Second Division Award No. 12205 (Fletcher)

"The record supports the conclusion that all three points advanced by Carrier are sound. This Board has long been committed to the proposition that a fundamental principle of labor relations requires that settlements of claims by authorized Representatives of the parties are final and binding and ought not be upset or overruled because there may exist dissatisfaction with the settlement. Exceptions to this principle would be detrimental to the very structure of collective bargaining and grievances handling under the Railway Labor Act. See Second Division Awards 186, 3816, and Third Division Awards 20132, 20180, 21011, and 28400."