Musings of a busy mind

The UK Supreme Court applies no sanction to a failure to disclose in the much criticised Deepwater Horizon arbitration.

The existing multi-tiered disputes resolution procedures do not promote early and sensible resolution of disagreement, and the termination procedures are out of step with commercial reality.

The treatment of effectively all claim events as variations, and valuing such events at cost, overhead and profit, may be easy to apply, but it is expensive and un-even in its application.