RE: ROI calculations3 Jan 2025 15:05
"The ICC-1 Arbitration award, in accordance with article 35.6 of the applicable ICC Rules, is final and may not be appealed by the parties. It is immediately enforceable and capable of being granted execution by any competent court."
Presumably if they don't just pay up, which they are probably doing right now, could ZEN just go to a Tunisian court to execute the ICC-1 and take assets in country with the authority of that court?
What are they going to do? Refuse to honour the ICC-1 judgement? I don't think they can.
They would not be deciding if we should have the money, that's been decided, just making orders to take the assets the defendant has to pay off the debt.
I would expect they just pay and the money comes in sooner rather then later. The reciept of the funds should give the shares a nice boost IMHO.
GLA DYOR