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With regard to the restoration period for the steel structures, the Arbitral Tribunal considers that a time restrict of 60 days from the notification of the award is enough. Insofar because the Applicant had initially requested 30 days and the Respondents known as for ninety days, a compromise solution of 60 days appears applicable. The Respondents supplied no evidence as proof that a period of fewer than ninety days would not be justifie
They hold that «the Parties had not anticipated that the price of a barrel would not return to its highest level and that the rise in oil costs would be so slow, as is, moreover, shown turkey immigration lawyer within the diagram introduced by ENKA122″123. The Respondents don’t agree with «ENKA’s analyses, which rely on a curve exhibiting adjustments within the worth of a barrel of oil for the period from July 2015 to July 2018″121. The Respondents consider that they’re confronted with an unforeseeable situation, not solely because of «the brutal drop in oil costs», but additionally due to the «consequence of this drop, to which is added the weak recovery within the value over time»11