August 27th 2020, in today's episode of the Underwater Technology Podcast, SUT CEO Steve Hall speaks to solicitor Andreas Dracoulis, a partner at Haynes and Boone LLP helping clients resolve problems in the energy, shipping and construction sectors.
The focus of discussion is the subject of consequential loss - an area of contract law where an offshore operator (corporate or individual) may find themselves in complicated legal waters when a project doesn't go according to plan, and perhaps gets sued for damages. Andreas talks us through the subject, helping clarify what consequential loss means, and how to take the risks into account when working on a project - fallout from consequential loss can arise at any stage in your career so it's worth learning about it.
If you'd like to find out more about Andreas please see https://www.haynesboone.com/people/d/dracoulis-andreas - in future we hope to ask him back for episodes where he can help provide answers to your questions on legal issues pertaining to energy, shipping and construction, but please note that this podcast has been recorded for information purposes only, highlighting issues of general interest and importance. It is not intended to and does not constitute legal advice and you should always seek professional advice from a legal professional like Andreas on any relevant contract or matter - content is provided for education and information only!
To find out more about SUT please contact Steve Hall, or visit our website. Thanks to Emily Boddy for podcast artwork and composing and performing the theme music.
We'll be back next week, please remember to subscribe, rate and review - thank you!