Had time to digest verdict2 Nov 2018 16:31
Let’s all remember that GSPC are the one that applied to the court not Oilex. The court has only said that it is not their decision in awarding anyone any money or percentage share. They found no basis for GSPC to not be taken to arbitration for the contested amount. In addition they now have to stump up 1mill up front and hold 2mill in an account.
So all in all they have lost this case and stand to lose more soon.