Fortyninefourteen said:Please clarify:
A settlement was reached, not a decision by the arbitrators.
Is the issue that the false testimony led the arbitrators to advise SCA to settle, and that the new evidence would have led the arbitrators to rule in favour of SCA?
Without a bit of research I cannot fully answer your question. My comments below should not be considered a legal opinion but rather an observation of the facts in the case.
In 2005 LA sued SCA in the courts in Texas. The lawsuit did not go to trial, but instead to arbitration. This is pretty standard and cheaper than going to trial.
The insurance contract was pretty straight forward. If LA won the 2004 TDF he gets the bonus. In 2005 - 2006 when the arbitration was ongoing, LA was considered the legal winner of the 2004 TDF.
A lot of evidence was heard. The thrust of the SCA case was Armstrong had doped and therefore could not claim the bonus money, because if he doped he could/should not be considered the legal winner of the 2004 Tour. Therefore under the contract of insurance SCA should not have to pay out.
While SCA had legitimate suspicions that LA had doped to win the 2004 TDF, I suspect they just didn't have enough evidence to show LA in fact doped at the 2004 Tour. The Andreu evidence for example only related to LA's pre-cancer doping.
The arbitration settled. I don't think, but I don't know without the research if the arbitrators actually made a ruling in favour of LA. I suspect they did not.
During arbitrations, both on and off the record, things are said that sometimes allow the parties to know how the arbitrators are thinking or leaning. I suspect SCA believed the arbitrators would rule in favour of LA on a strict interpretation of the insurance contract and therefore opted to settle.
When this occurs the arbitrators usually have to approve the settlement, which I believe was done in this case. So in that sense the arbitrators "approved" the settlement without actually ruling on the case on the merits.
As a result of USADA's reasoned decision, the decision of the UCI and the ASO who runs the TDF, LA was stripped of his 2004 TDF title. Therefore he is no longer the legal winner of the 2004 TDF. Therefore under the contract of insurance SCA argues, it should not have had to pay out.
In 2006 if it had been shown LA doped, he may still have been entitled to the insurance money because he would still have been the legal winner of the 2004 TDF. That has changed.
If LA loses in the Texas Court of Appeal, and subject to any further right to appeal he may have, the arbitration will re-open and the new/fresh evidence will be adduced about LA's doping and his being stripped of the 2004 TDF title. Armstrong will be subpoenaed to testify. This will expose his perjury. In law you cannot come to an arbitration to collect insurance where your claim is false or fraudulent The classic examples are trying to collect on insurance where you torch your business or kill your spouse.
Were the facts in 2006 as they are now, it may be that the arbitrators would have ruled against LA.