All too often, designers and yards get themselves into conflict over who owns "copyright", what designs have been paid for, who can adapt the designs for future vessels, and whether or not a royalty is due.
It is all too easily avoided by recording what is agreed at the outset.
Musings of a busy mind
A number of court decisions over the last few years have highlighted just how important the selection of your arbitrator can be; and the severe consequences of getting it wrong. In the September issue of LawTalk, issued today, I examine the options for making the best choice for your dispute.
A couple of recent cases, one in the UK and the other in NZ, shine a light on the durability of arbitration awards, and the grounds for appeals and setting aside.