Nearly five months have passed since the Rocket Academy submitted an arbitration application to the International Trade Commission.
Because this lawsuit can actually be regarded as the first time that everyone has arbitrated aerospace insurance matters, preparations in all aspects were not particularly sufficient, so it was delayed for a long time.
For this arbitration lawsuit, the Rocket Research Institute submitted various documents to the International Trade Commission, and the pile was almost as high as one person.
The most important ones are the detailed investigation report on the cause of the accident, and the Rocket Research Institute's simulation analysis report on the origin of the accident after the fact.
After the accident, Zhang Xingyang conducted a careful zero-to-zero analysis of each system of the rocket, trying to find out the real cause of the rocket accident.
Because of this, the Rocket Academy has the confidence to litigate with the International Insurance Fund.
The Arbitration Tribunal of the International Trade Commission is established in Beidu.
Although it hasn't snowed yet in Beidu in November, the temperature has dropped to below freezing.
This makes it a relatively unacceptable temperature for everyone at the Rocket Research Institute who basically live in the south all year round. Even the lowest temperature in winter is around zero.
Especially in November, when trees are dying, and because ecological environment protection has not yet started this year, sandstorms from the Mongolian Plateau often wreak havoc southwards.
The air quality on the streets of Beidu in the 1990s was very different from that of Beidu, which will carry out ecological and environmental protection all year round in the future.
A group of people from the Rocket Research Institute, wearing masks and thick coats, walked into the compound where the arbitration court is located.
"Ouch~vomit!"
Liang Yi, who was accompanying him, took off his mask and spit out the sand in his mouth.
It was another sandstorm in Beidu today. Although everyone wore masks, they still inevitably inhaled a lot of sand.
"The sandstorm is too big today!"
Even Qin Ming, who had always been gentle and elegant, couldn't help but complained while patting the dust from his hair.
"The life of the people in Beidu is really not easy. They inhale two ounces of soil every day when they go to and from get off work."
Su Xiao patted the dust off Zhang Xingyang's body and said with emotion:
"I had never heard of it before. I thought sandstorms only existed in the desert. I didn't expect that there would be sandstorms in Beidu."
"This is the first time I've seen broad daylight, and the whole sky is filled with yellow sand!"
For Su Xiao, a southerner who has never seen a sandstorm, this is indeed a magical scene.
When a sandstorm comes, you can see a gray patch in the distance, rolling towards us like a city wall, like a tsunami in the sky.
"Sandstorms in Beidu have been around for a long time. Historical records first appeared in the Northern Wei Dynasty, and it has a history of 1,500 years as of today."
"This autumn, the north is relatively dry. This may be the reason why there are still sandstorms. Generally speaking, there are more sandstorms in spring."
Zhang Xingyang explained the history and causes of sandstorms in Beidu while patting the dust off everyone.
In fact, due to economic development in recent years, environmental protection work in various places has not been very good.
Everyone's focus is mainly on how to increase GDP, and the emphasis on environmental protection has not yet reached the level of later generations.
It will take some years before everyone will gradually increase their awareness of environmental protection after suffering the consequences of environmental pollution.
After dusting themselves off, everyone walked into the arbitration court. The person in charge of receiving everyone was a little girl.
"Hello, are you from the Rocket Research Institute?!"
Seeing Zhang Xingyang and his party walking in, Wen Jiayue hurried up to greet them.
Fortunately, she had done her homework before the people from the Rocket Research Institute came and knew that the current person in charge of the Rocket Research Institute was a very young and handsome guy.
Otherwise, they might not have recognized it. After all, everyone in the Rocket Research Institute is relatively young. Except for Liang Yi, who is considered middle-aged, the others are basically young people in their twenties.
"Hello, I am the director of the Rocket Research Institute."
Facing the little girl who came up to him, Zhang Xingyang took the lead in introducing his identity.
"Hello, Dean Zhang, the arbitration court is ready. Will you go there now?"
Wen Jiayue didn't say too much and directly talked about the preparations for the arbitration court.
"However, representatives from the International Insurance Fund have not arrived yet, and there is no way to hold court for the time being. How about everyone go to the lounge to have a rest?"
Zhang Xingyang glanced at everyone and asked:
"Should we go to the lounge to take a rest first? We may have to wait for a while on the other side."
Since the other party has not come over yet, there is no need to go to the court now, so everyone nodded.
"Okay then, let's go to the lounge to rest for a while."
"Excuse me, little girl."
Facing the polite and handsome Zhang Xingyang, Wen Jiayue was in a good mood, smiled and said:
"Nothing to worry about, this is what I'm supposed to do."
"The lounge is over here, please follow me."
Wen Jiayue reached out and guided everyone to the lounge of the International Trade Commission Arbitration Court.
As an agency responsible for litigating international trade lawsuits, the lounge of the International Trade Commission Arbitration Tribunal is quite beautiful because it often entertains large companies and multinational enterprises from various countries.
Even the floor is covered with soft wool carpets.
Wen Jiayue briefly introduced the furnishings in the lounge to everyone, and then left the room, leaving only one sentence:
"If you need anything, you can call the phone in the room."
"If someone from the International Insurance Foundation arrives, they will notify you."
Watching Wen Jiayue exit the room, everyone began to discuss the arbitration regarding insurance compensation for rocket launch accidents.
"We are basically sure to win this time, because both our accident investigation and the third-party investigation team sent by the International Trade Commission showed that the cause of the accident was actually a problem with the rocket's attitude sensing system, which caused the rocket to automatically adjust attitude."
Liang Yi first talked about the positive aspects for the Rocket Research Institute, and then talked about the negative aspects:
"The key to the issue now is whether it can be determined that the other party has maliciously defaulted."
"If the other party refuses to admit it, it will be more difficult to deal with the issue of interest accrued on the compensation during the period of arrears."
The compensation amount for rocket launch insurance is very high. In this case, the International Insurance Fund needed to pay more than 60 million US dollars in compensation.
And every day the $60 million is delayed, the interest generated is actually a large amount, enough to be worth the annual income of a middle-class family in this era.
However, due to the messiness of the International Insurance Fund, the payment was delayed for nearly half a year, and the interest generated was as high as millions.
Whether you can get the other party to cough up the money is the highlight of this arbitration.