Replicel Life Sciences Inc V.RP

ICDR

[Ingiboy]

I think we miss the fact ICDR is an Arbitration & Mediation company.  They are not in business for the goodness of mankind, They are in business to make money and as such the longer they draw this Arbitraition out (2 years)  the better for the bottom line.  I am stunned that this fairly simple Arbitration has taken this long for a judgement to be rendered.  It is total B.S. . I think we can assume the Hearing closed some time in August. How much more time do they need to render a judgement ?

Get on with it !

[Year3000]

What happens if Replicel win and shiseido appeals? How much longer we will have to wait? 

[Ingiboy]

I don't think there is a appeal process with this type of Arbitration but you can check the ICDR rules: https://www.adr.org/sites/default/files/ICDR%20Rules_0.pdf

[Ingiboy]

Article 30: Time, Form, and Effect of Award Awards shall be made in writing by the arbitral tribunal and shall be final and binding on the parties .

[bluemoons20]

Most arbitrations  of this type indicate they are  final  and  binding  but  I  do believe that they can be appealed to the courts if the arbitrator erred in  the decision making  process.  Usually  that is why  awards  are many pages  long rather than saying  Party A  wins. However,  usually  as I