The process of independent arbitration has started, with Michael Collins the arbitrator appointed by the High Court. (He was involved in a Bohs court case with the FAI a few years ago I think, and ruled against the FAI). Mediation is running at the same time, but I'm assuming (and that's all it is) that if Limerick are not happy with whatever they're offered/whatever compromise is sought, then they can take the chance that the arbitrator, who has the power to award costs and compensation, will find in their favour.
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