GREY:NKRSF - Post by User
Post by
joecon Oct 17, 2023 12:50pm
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Post# 35687402
Niko Wins the Annulment Case
Niko Wins the Annulment CaseVI. DECISION 231. For the reasons set forth above, the majority of the Committee decides as follows: (a) The Application for Annulment is dismissed in its entirety; 232. For the reasons set forth above, the Committee unanimously decides as follows: (a) The Applicants shall bear the entire costs of the proceeding, including the fees and expenses of the Committee, ICSID’s administrative fees and direct expenses. (b) Each Party shall bear its own legal fees and expenses; and (c) All other requests and claims of the Parties are rejected. 233. In accordance with Rule 54(3) of the ICSID Arbitration Rules, the stay of enforcement of the Award is automatically terminated on the date of this Decision on Annulment.
I wonder when they now receive the reward and if it will help the stock price?