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mschere

12/18/03 3:06 PM

#53055 RE: olddog967 #53049

Question..Would not the Arbitrators be prejudiced to find that Nokia's Attorney estimate of $500 Million is correct?

Maximum $285 800 + 0.056% of amt. over $100 000 000



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Petersimon

12/18/03 3:45 PM

#53062 RE: olddog967 #53049

Olddog, does it mean that the higher the settlement the better for the arbitrator.....looks like a good incentive to me.
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loophole73

12/18/03 4:08 PM

#53067 RE: olddog967 #53049

olddog

Thank you for pointing out the fixed fee with ICC. The panel will have to show them 100 thousand worth of work. This means that the arbitration is worth over a minimum of 3.5 million. These 3 guys will really have to show the parties a lot of effort at a million a piece. They will read a lot for those bucks. Arbitration is big business.

MO
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