CommonWealth REIT announced that the Arbitration Panel considering various motions by Corvex Management and Related Fund Management has issued an order on motions by Corvex-Related to remove CWH's trustees without cause. The motions by Corvex-Related raised several legal issues. Corvex, Related sought an order that its purported consent solicitation was proper and that CWH should convene a special meeting of shareholders to elect new trustees. The Arbitration Panel denied these motions and set an evidentiary hearing for further consideration of all matters in the disputes between Corvex-Related and CWH to begin on October 7. CWH's bylaws provide that the combination of shareholders who may request a record date for a consent solicitation to remove trustees must have held at least 3% of CWH's common shares for at least three years. Corvex-Related first acquired shares of CWH in January and requested a record date for a consent solicitation in April.