Hi dodds,
I believe the difference on opinion for the outcome stems from FAR seeking declaratory relief with the goal of pre-emption and not compensation. It would be the easier and more clear cut decision.
I suspect that during the course of arbitration, WPL have argued as third party involved, why should they be penalised if the panel decide against COP. After all, FAR would have onsold the 35% anyway.
Although compensation was not sought or requested (from what was inferred), the arbitrators may still assign it as an outcome for all parties.
These hot news articles may be adjusting perceptions on both FAR and WPL shareholders as it is one possible outcome that has come out of the hearings. Softening everone up for the possibility
Just my thought.
Hi dodds, I believe the difference on opinion for the outcome...
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