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Re: broken80 post# 94050

Friday, 02/04/2005 11:24:53 AM

Friday, February 04, 2005 11:24:53 AM

Post# of 433298
Broken

If Nok loses, they will pay. Using all the remedies available in the contract is one thing, but a groundless failure to pay an arbitration award is a very dangerous game. Absent undisclosed conflicts of interest of panel members, Nok would risk exemplary damage exposure for intentionally breaching the contract that placed the parties in the arbitration process.

MO
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