Shakespeare’s Tragedies as a Guide to Contract Based Dispute Resolution


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A guide to various dispute resolution clauses.

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Shakespeare’s Tragedies as a Guide to Contract Based Dispute Resolution

  1. 1. <ul><li>Shakespeare’s Tragedies as a Guide to Contract Based Dispute Resolution </li></ul><ul><li>Thomas Fox-General Counsel, Drilling Controls, Inc. </li></ul><ul><li>IQPC-Dispute Prevention and Resolution in International Oil & Gas </li></ul><ul><li>London, UK July 9, 2008 </li></ul>
  2. 2. Legal Disclaimer <ul><li>The views stated herein </li></ul><ul><li>are solely those of the </li></ul><ul><li>author and are not those </li></ul><ul><li>of Drilling Controls, Inc. </li></ul><ul><li>or Aibel Group Ltd. </li></ul>
  3. 3. For Want of a Nail the Shoe was Lost For Want of a Shoe the Horse was Lost For Want of a Horse the Battle was Lost For Want of a Battle the Kingdom was Lost
  4. 4. SOME TRADITIONAL DISPUTE RESOLUITION MECHANISMS OVER THE YEARS <ul><li>respectable </li></ul><ul><li>money damages (if you can collect them) </li></ul><ul><li>expensive </li></ul><ul><li>drags on forever </li></ul><ul><li>Bad for Business </li></ul>Litigation <ul><li>pick your own decision maker or mediator </li></ul><ul><li>• private </li></ul><ul><li>used to be seen as flaky </li></ul><ul><li>misunderstood by those who are not in the &quot;inside </li></ul>ADR <ul><li>good exercise </li></ul><ul><li>cheap </li></ul><ul><li>might need cosmetic surgery </li></ul><ul><li>dry-cleaning bill for blood on shirt </li></ul>Bare Fists <ul><li>good for business </li></ul><ul><li>great stories for grandchildren </li></ul><ul><li>might get killed </li></ul><ul><li>world might end </li></ul><ul><li>determines not who is right but who is left </li></ul>War <ul><li>cheap </li></ul><ul><li>simple </li></ul><ul><li>a penny will do </li></ul><ul><li>arbitrary </li></ul>Coin Toss <ul><li>If held at done at dawn will not interfere with the work day </li></ul><ul><li>out of fashion  </li></ul><ul><li>might get killed </li></ul>Dueling Cons Pros Method
  5. 5. Hamlet <ul><li>Layered Dispute Resolution </li></ul>
  6. 6. Hamlet’s Father-the Ghost <ul><li>What is the Structure? </li></ul><ul><li>Meet and Confer </li></ul><ul><li>Mediation </li></ul><ul><li>Expert Determination </li></ul><ul><li>Arbitration </li></ul>
  7. 7. Elisnore Castle More Cost Effective
  8. 8. Romeo and Juliet Meet and Confer
  9. 9. Juliet and her Nursemaid Who meets? How long until meeting? Where?
  10. 10. Death of Romeo and Juliet When you get the CEO involved?
  11. 11. King Lear <ul><li>Mediation </li></ul>
  12. 12. Lear and the Fool <ul><li>Mediator Selection </li></ul><ul><li>Time is of the Essence </li></ul><ul><li>Who attends the Mediation </li></ul><ul><li>What is the Goal? </li></ul>
  13. 13. Lear and Cordelia <ul><li>&quot;How sharper than a serpent's tooth it is To have a thankless child!&quot; Act I, scene iv </li></ul>Enforceability
  14. 14. Macbeth Expert Determination
  15. 15. The Three Witches Where do you get these Experts?
  16. 16. Lady MacBeth <ul><li>&quot;There 's daggers in men's smiles&quot; </li></ul>Scope of Determination
  17. 17. Richard III The Pledge
  18. 18. Murder of the Princes’ in the Tower What Can you Live With And What Can’t you Live Without
  19. 19. My Kingdom for a Horse Nothing is “Non-Negotiable”
  20. 20. Othello Med-Arb
  21. 21. Othello and Iago <ul><li>&quot;Damn her, lewd minx! O, damn her! Come, go with me apart; I will withdraw. To furnish me with some swift means of death For the fair devil. Now art thou my lieutenant. Othello I am your own for ever. Iago </li></ul>Defining the Process <ul><li>Who is Mediator </li></ul><ul><li>Who is Arbitrator </li></ul><ul><li>Confidentiality </li></ul>
  22. 22. Desdemona and Othello Cross Mediated Arbitration
  23. 23. Merchant of Venice-Shylock <ul><li>&quot;If you prick us, do we not bleed? if you tickle us, do we not laugh? if you poison us, do we not die? and if you wrong us, shall we not revenge?&quot; Act III, scene i </li></ul>Do you really want your pound of flesh?
  24. 24. Portia <ul><li>Allocation </li></ul>
  25. 25. Portia and Shylock Be merciful. / Take thrice thy money; bid me tear the bond. <ul><li>Some clauses and solutions </li></ul>
  26. 26. Shakespeare’s London Don’t Let the Traffic Rush You