Ann: J&J Claim - Final Arbitration Award, page-6

I agree with a little of each sentiment.
It may have been a way of stopping cash outflow or unreasonable judgement by the management or an injustice via arbitration.

I thought arbitration in Singapore had a decent reputation. Re: saving money, it didn't save any, merely deferred the bill, which they probably could have done via negotiation anyway.

It is not just a sunk cost issue; it would be nice to know whether the kit was sold for scrap or alternative use as MRM claims, as it points to the competence and honesty of the current management.