Arbitrary decides in favor of Portobello Executives
The final Resolution of the Arbitration process has stated that Inversiones Ibersuizas breached the 2005 Framework Agreement signed between them and Ramón Cerdeiras, Fernando Chinchurreta, Juan Luis Ramírez and Íñigo Sánchez-Asiaín. The Resolution further states damage compensation.
It also confirms that just the decision of Ibersuizas to dismiss the Executives provoked directly the removal on the funds management held by Ibersuizas.
The Resolution cannot be appealed against on its merits (except causes of nullity contained specifically in the law).