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Davy Boy

16,584 Posts.

3970

19/08/18

21:40

Post #: 35024498
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Originally posted by erinne ↑

I have copied this version directly from the "American University Washington College of Law"
Erinne

This is the link if you want to read more on this topic:
https://wcl.american.libguides.com/c.php?g=599758&p=4228974

Arbitration - Under the ICC Rules of Arbitration, ICC Arbitration is administered by the ICC International Court of Arbitration, assisted by the ICC Court's Secretariat. ICC Arbitration is a flexible procedure that leads to a binding decision from a neutral arbitral tribunal (unless the parties settle during the arbitration, which is common). An ICC arbitral tribunal's decision, called an award, is often complied with voluntarily by the unsuccessful party. Where there is a failure to comply, the award can be enforced in more than 145 countries around the world under both domestic and international enforcement regimes including, notably, the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

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Ernie there is no end game here if FAR win.
The government can terminate the licence if an arbitrated decision is ignored.

FAR Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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Last 51.5¢		Change 0.005(0.98%)		Mkt cap ! $47.59M

Open	High	Low	Value	Volume
51.0¢	51.5¢	49.5¢	$18.78K	37.04K

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No.	Vol.	Price($)
1	17090	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	103865	1

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No.	Vol.	Price($)
1	17090	0.510
1	2495	0.495
1	47000	0.485
1	1999	0.475
2	92553	0.470

Price($)	Vol.	No.
0.515	103865	1
0.520	306386	4
0.530	101005	2
0.550	77285	3
0.555	10000	1

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