GSPC Point5 Nov 2018 11:17
Just to re-post this as I think some people are missing the point to what GSPC have to find before the 15th.
Just to continue the GSPC conversation.
It's not about the just $3m . If you've read the court judgement. GSPC have to keep paying (like they should have been) doing, otherwise OEX can quickly apply and have them kicked off the reservation. This will be an expensive ongoing commitment for GSPC beyond the initial payment. This is what they have to consider.
Note also, that GSPC stated that the reason why they would reject arbitration as they would not respect the outcome. This was the last resort for the judge, who had to show political balance too, knowing GSPC is unlikely to honour any proactive components of the judgement. Looking good.