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He is definitely headed for arbitration next summer.
The last contract expired in October, and the new contract is headed for arbitration.
Other experts place some blame for the current standoff, which seems headed for arbitration in the Chinese government arbitration system, on naive investors.
Elias will most likely be headed for arbitration next summer, the rather lucrative path his linemate, Petr Sykora, took this summer when he was awarded $3.3 million, a 389percentt increase in salary for this season.
AAR has also moved to block a dividend from TNK-BP that would have yielded BP $900m.At a press conference Bob Dudley, BP's new boss, said that it had been impossible for BP to talk to AAR in advance of the Rosneft deal because of the market sensitivity of the share swap involved, and that BP and its partners would be headed for arbitration on the matter regardless of the court verdict.
(The case is now headed for arbitration).
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But negotiations over the contract are now heading for arbitration and on Wednesday, the mayor seemed to tamp down expectations that major changes were on the horizon.
The contract is headed for nonbinding arbitration this year, but it is possible that a final agreement will not be sealed until the next mayor takes office.
The Yankees also may reach settlements with pitchers Ramiro Mendoza and Jason Grimsley, but they appear headed for an arbitration hearing with Mariano Rivera; the closer has asked for $9.25 million, while the Yankees offered $7.2 million.
The Mets have made little progress during contract talks with Armando Benitez, and the team appears headed for its first arbitration hearing in eight years.
Michael C. Wachs, the managing director of CEOcast Inc., a company on John Street that handles investor relations for small corporations, said he and his insurer, Zurich North America, are stalemated and heading for binding arbitration.
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