Crystallex International

Excellent summary. This is the boat we are in: Delay , Delay is Vz strategy to their advantage and our disadvantage. can we Last? A question for KRY management. I tried asking them but i never get a respones. No pull. At least our pps indicates that we might.

"Constitution of a tribunal within a reasonable time frame usually requires the participation of experienced arbitrators and counsel, but

a healthy measure of cooperation, trust and commitment to the process is also essential. Even where a tribunal cannot be constituted

within the mandated time frame, experience suggests that ICSID is loath to move too swiftly to impose an arbitrator not of the parties’

or co-arbitrators’ choosing. It may be that ICSID adopts a cautious pace in the hope that a consensual solution might yet emerge.

There may be merit in such an approach, but it is clear that it leads to delay.