| English term or phrase: representation | The tribunal simply and incomprehensibly proceeded to establish the purchase price, ignoring that the entire transaction and the purchase price fully depended on the representations and guaranties that XXXX denied to be bound by and had fundamentally breached. Moreover, XXXX's position had called into question the validity of the transaction, the transfer and thus the ownership of shares – which is a question that is not arbitrable under XXXX arbitration law.
thanks a lot. |
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