The representative of the claimant filed a claim against the defendant requesting the later to appoint an arbitrator for the dispute that had arisen between the two parties over an agreement to assign some shares in a company. The defendant's representative presented a contract that had been signed with an arbitrator to confirm that an arbitrator had been appointed by the defendant. The representative of the claimant requested to confirm that his client wanted to end the case.

The court said given that both parties had appointed an arbitrator and the claimant requested to end the case the court confirmed his surrendering of the case.