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Re: None

Tuesday, 11/29/2005 10:58:11 PM

Tuesday, November 29, 2005 10:58:11 PM

Post# of 433223
from Hannibal on the yahoo bd


Re: O/U on the length of the hearing
by: hannibal7878
Long-Term Sentiment: Strong Buy 11/29/05 08:44 pm
Msg: 244288 of 244291

The BIG difference here is that an internationally recognized body was contracted to arbitrate any disputes within the contract.This arbitration was not a court of law although the ICC is comprised of international attorney's with an actual court that oversaw the arbitration after the award.NOTHING NEEDS TO BE RULED ON....The NYFED CT is simply being asked by IDC to enforce the award,as was necessary after the award was made.....Historically,my DD has shown that most, if not all, enforcement Ct Judges WILL NOT attempt to rule on whether or not the ICC arbitration was correct.They will only look IF it met the necessary criteria without fraudulent action by any party associated with the arbitration.Nokia's "argument" is deceptive, without substance or a real bais for dispute.Indeed fraud was never opined only whether or not[?] the arbitral body "could" make the decision they were contracted to do!!....So the NYFED Judge could "simply"make the ruling from the bench, that the contract is valid,the arbitration was just, and the award should be enforced......He COULD,but will he instead take it upon himself to take some more time..for WHAT?Who knows!! Hopefully we get a "no nonsense" Judge without an ego that needs massaging!






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