(NYSE: NEE) today announced the settlement rate
for the stock purchase contracts that are components of corporate units (NYSE: NEE PR R) that it issued in August 2016.
Energy assests company CorEnergy Infrastructure Trust Inc (NYSE:CORR) (NYSE:CORRPrA) reported on Thursday that the MoGas settlement rate
case filed in May of 2018 has been approved by the Federal Energy Regulatory Commission (FERC).
Based on our conversation with industry participants and managements of listed players, we highlight three major trends taking shape, namely: 1) constrained CAPEX with a focus on forecourt retail expansion/upgradation as opposed to the prior focus on storage and 2) negotiations with OGRA to enhance monthly import parity pricing mechanism to account for PkR/US$ settlement rate
based on import facilities, as opposed to spot rates.
Given the average settlement rate
of 45.4 percent through mediation in the five years through 2018, IPOPHL would want to see the use of arbitration, its other ADR service, to also increase.
With an average settlement rate
of 45.4 percent in the five years until 2018, the mediation mechanism can save parties the difficulties, not mentioning larger costs incurred when lodging charges before the courts.
When combined these three stages represent the overall settlement rate
, i.e., the proportion of settlements reached by the parties themselves without proceeding to what normally would be considered the final impasse stage.
Mr Mabeo noted that 584 claims were settled, out of the 2 962 lodged, translating to a settlement rate
of 19.7 per cent.
DIFC Courts also have a tribunal for small claims, where cases are usually settled within four weeks with a 90% settlement rate
, without the requirement of a lawyer, and even without personal presence, making use of a video-conferencing facility if required.
IPOPHL hopes the settlement rate
can improve through this new policy on mandatory mediation.
The settlement rate
on the other hand - when parties reach a compromise agreement - is at 42.9 percent of the total number of mediated cases from 2011 to August 2018 which amounts to 1,140.
NextEra Energy announced the settlement rate
for the stock purchase contracts that are components of corporate units that it issued in September 2015.