I understand it isn’t binding, the interactions during the arbitration are also not able to be relied upon in court. They are without prejudice (I think at least)
I would cautiously say... if an arbitrator is saying a hundred thousand... it’s a long way to a court getting to $11 million. If anything an arbitrator would be more ‘fairness’ oriented.
Is it usual for a construction company to have so many court cases pending?
DCG Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held