hoboso,
Nok in its filing said they were penalized. I think what IDCC is arguing that even if that is true, the arbitrators had the authority to do so citing Mastrobuono.
The arbitral award should have been enforced as within the scope of the contract. The judgment of the Court of Appeals is, therefore, reversed.
IMO, this is another case which shows how hard it is to overturn an arbitration decision.
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