Equapack, Inc. v. Medi-Machines S.A. Memorandum for Medi ...
Equapack, Inc. v. Medi-Machines S.A. Memorandum for Medi ...
Equapack, Inc. v. Medi-Machines S.A. Memorandum for Medi ...
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C. An order of security <strong>for</strong> costs is necessary to protect RESPONDENT’s interests. ......25<br />
1. CLAIMANT’s questionable financial position weighs heavily in favor of an order<br />
of security. ......................................................................................................................25<br />
2. Concerns over en<strong>for</strong>cement weigh in favor of ordering CLAIMANT to post<br />
security <strong>for</strong> costs. ............................................................................................................26<br />
3. The merits and good faith of CLAIMANT’s action are not a significant factor in<br />
this request <strong>for</strong> security <strong>for</strong> costs. ...................................................................................27<br />
4. RESPONDENT’s request <strong>for</strong> an order of security <strong>for</strong> costs is based on the<br />
reasonable concerns explained above, not in strategic or evasive tactics.......................28<br />
VI. THE TRIBUNAL SHOULD ORDER CLAIMANT TO REFRAIN FROM<br />
DIVULGING INFORMATION RELATED TO THE ARBITRATION...............................28<br />
A. Claimant is not entitled to derogate from its obligation of confidentiality....................29<br />
1. Exception (d) to SIAC Rule 34.6 does not release CLAIMANT from its duty of<br />
confidentiality in this arbitration.....................................................................................29<br />
a) CLAIMANT has not established the requirements enumerated in SIAC Rule<br />
34.6 (d).........................................................................................................................29<br />
b) CLAIMANT is obligated to refrain from divulging all details of the arbitration........31<br />
c) CLAIMANT is obligated to refrain from divulging the existence of the<br />
arbitration.....................................................................................................................31<br />
d) Requiring confidentiality of a third party does not improve the case <strong>for</strong><br />
disclosure. ....................................................................................................................32<br />
2. Allowing CLAIMANT to disclose in<strong>for</strong>mation would be neither legitimate nor<br />
reasonable. ......................................................................................................................32<br />
B. The Tribunal has authority to rule on all matters of confidentiality.............................33<br />
C. Unauthorized disclosure would warrant consequences <strong>for</strong> Claimant. ..........................34<br />
CONCLUSION ............................................................................................................................35<br />
iii