Ann: Arbitration Proceedings and Investigations Update, page-254

https://library.iccwbo.org/content/dr/COMMISSION_REPORTS/CR_0048_Conference.htm

It's not definite that arbitration goes ahead (i'll avoid calling you a clown as well)

• When parties wish to settle the case, for example in order to maintain their relationship or mitigate the risk of loss, they may use the case management conference to seek bifurcation of the proceedings or an early determination of controlling issues, the resolution of which might facilitate settlement. The parties may also agree to undertake settlement procedures either before or during the remaining phases of the arbitration.

So it can go either way and it is up to what is going to happen in the case management conference.