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Re: Foxwoods Man post# 6243

Monday, 08/18/2014 2:12:29 PM

Monday, August 18, 2014 2:12:29 PM

Post# of 43764
Usually that is the case FM - but it depends on whether the arbitration is binding, and whether either side can opt out of it along the way.

If the parties cannot hammer out a compromise, mediated by the arbitrator, then it goes to court. If something can be mediated, then generally a court will abide by the arbitrator's rulings and judgments.

Usually - it is in the best interests of both parties to compromise and settle and avoid the more lengthy and generally more expensive court costs and potential for losses - but that doesn't mean it all arbitrations end quickly.

As we have seen - this one is a fairly drawn out arbitration so far. Although - if the arbitrator has dismissed the motion that the CRO has grounds for outright dismissal, then that suggests that CVM has a leg to stand on in asking for damages.

Doesn't mean the (we) will get any,..... but its a step in the right direction.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

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