[MR-TI] Arbitration Request

[Elsebeth_Rhiannon]

@Cathy_Okagima

It was my company and I ran it how I pleased.

Not to interfere too much on a foreign law case, but I have to point out that since the involved parties seem to be capsuleers, this is more or less how it works. You can enter a tribunal process but you are in fact not legally obliged to by any law except those you voluntarily choose to uphold. (Possibly voluntarily under pressure or threat, but still, it is a decision by you, not a requirement by law.)

I respectfully suggest you stick to this line of defense quoted right here, and if they put a bounty on you? Let them. Trust me, it won’t be much of a bother.

[Richard_Masseri]

This is a very fair point in the grand scheme I doubt Cathy can possibly face much in the way of consequences.

Despite her anger at me I am simply hoping all parties come to an amicable solution.

I will point out however I am an interested party in the matter and my interests are being represented by MR-TI so take my words with a boat load of salt.

[Arrendis]

So after 2 months, the arbitration’s ongoing? Yikes.

[Richard_Masseri]

That is indeed my understanding.

[Kenaar]

Arbitrator Ché Biko has sadly stepped down, we are now looking for a replacement, anyone willing to take the roll will be considered and with joint agreement from myself and Cathy will be taken on.

Edward Adams selected as replacement Arbitrator.

[Kenaar]

A second session has occurred we look to the Arbitrators for a solution.

[Ibrahim_Tash-Murkon]

A resolution is being drafted and will be issued shortly. There are some details of the ruling that, while minor, are not uncomplex but the overall opinion has been reached. We recognize that parties what results to be swift but we cannot act with undue haste.

[Kenaar]

I await the outcome so I may present the news to my shareholders.

I trust the decision will be fair and measured.

[Cathy_Okagima]

@Kenaar I can’t wait to see your face if it doesn’t go your way you ignorant pig.

Then what will your precious little shareholders think.

Honestly I’m pleased this farce might soon be over and once it is I will have beans to spill.

[Kenaar]

To confirm we are awaiting the arbiters final word.

[Kenaar]

I have requested an update on this matter as I feel it has been drawn out long enough.

[STRYKER_NOVA]

Mr. Kenaar & Ms. Okagima:

After reading the summations here this arbitration has sparked an interest. Please advise as to the outcome of said arbitration in that I am most curious about it.

With Kind Regards,

-STRIKER NOVA
CEO, Nexus Vanguard Syndicate (NVSSN)

[MantelGlobalIndustries]

To all those concerned that have been following the proceedings of Arbitration, I am pleased to announce that the following Judgement was issued on the 10th March YC126/FC241:

Onnamon Capsuleer Tribunal
Judgement - Final Arbitration Decision and Award

Reportable
Of interest to the other Judges

In the Matter Between –

Kenaar Minsk - Plaintiff
and
Master Reborn Technologies Inc - Plaintiff

v.

Cathy Isobel Okagima - Defendant
and
Sigil Solutions - Defendant

Before the presence of Arbitrary Judges –

• Lord Ibrahim Tash-Murkon - Amarr Empire
• Commander Edward Adams - Federated Union of Gallente Prime
(Gallente Federation)
• Captain Afrin Aramoth - Independent

Heard on: 23rd December YC125/FC240
Delivered: 10th March YC126/FC241

Summary: -
The Tribunal heard throughout December YC125/FC240 as to the Plaintiffs (Kenaar Minsk, Master Reborn Technologies Inc) allegations against the Defendants (Cathy Isobel Okagima, Sigil Solutions) conduct pertaining to their mutual business affairs.

The Plaintiffs has requested damages be paid from the Defendants to alleviate their alleged financial suffering from the alleged financial misconduct and misrepresentation of the Defendants in managing the Plaintiff’s invested monies and the overall value of the Defendant company (Sigil Solutions).

The amount claimed for as compensation by the Plaintiff for alleged damages was approximately Two Thousand Million Interstellar Kredits for the purchase price of the Defendant (Sigil Solutions) and approximately Five Hundred Million Interstellar Kredits in respect of shareholder compensation.

The Tribunal has considered both arguments and has agreed unanimously on the following:

Judgement: -
It is the Judgement of this Tribunal, delivered on the 10th March YC126/FC241, after proper and fair deliberation between the Arbitrators, that partial damages shall be awarded to the Plaintiff to be paid by the Defendant.

It was acknowledged that an element of fraudulent, deceptive conduct was confirmed by the Defendant in respect of misrepresenting the value of the Defendant’s company (Sigil Solutions) during hearings to ascertain the liability of the Defendant in respect of damages, dated the 17th December YC125/FC240.

However, it should be noted that whilst Fraud was admitted to verbally by the Defendant, the Plaintiff should have exercised proper judgement in conducting a full financial investigation prior to the acquisition of the Defendant (Sigil Solutions), in line with commonly accepted and agreed interstellar business practices.

It is also acknowledged by Arbitrator Edward Adams that the Caldari State system of honour does not generally extend expectations of conduct that would normally be given to another State citizen, entity, or corporation to foreign citizens, and that this should be treated as a cautionary tale.

Therefore, with the above taken into consideration, the Tribunal has decided to award the Plaintiff the following sums:

• One Thousand Million Interstellar Kredits – for disbursement to the Plaintiff in respect of acquisition costs.
• Two Hundred and Fifty Million Interstellar Kredits – for disbursement to affected shareholders, with priority given to secured creditors.

It is the opinion of the court that this Judgement represents a fair and equitable settlement to both parties, and that pursuant to Arbitration rules this Judgement is considered final with no recourse for appeal purposes.

So delivered in the Onnamon Capsuleer Tribunal on the 10th March YC126/FC241 and Judgement deposited in the record.

[Kenaar]

MR-TI believes the awards fair considering the findings of the judgement. Sadly all Cathy Okagima’s assets have been found to be property of the Nugoeihuvi Corporation and therefore we have requested Mz Okagima’s attendance at a meeting to find a solution to the outstanding financial costs.

MR-TI has in its role at the executor of Sigil Solutions opted to pay the Sigil Solution Shareholders the payment of Two Hundred and Fifty Million Interstellar Kredits.

[Che_Biko]

I am glad the arbitration has concluded. I don’t think the judgement would have been much different if I hadn’t stepped down.