FAR 2.00% 49.0¢ far limited

Chair of the ICC to be appointed, page-62

  1. 14,174 Posts.
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    It is wrong (at this stage) to claim anybody cheated anybody out of anything. The dispute is about notification compliance, not the lack of notification.

    Nothing stopped FAR paying the amount (assuming an amount was provided) in the JV notice. But they chose to dispute the compliance of the notice.

    COP believes it has complied, and they continued with the transaction after the 30 day PE window closed (assuming they were compliant).

    All is as you would expect in the circumstances where the two parties disagree on the notification compliance. Talk of enemies and bad blood is taking this too far - it is a simple commercial dispute with interesting motivations.
 
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