The Course Content
Day One: Contract Formation, Structure and Risk
How and When is it Legally Enforceable
Key Contractual Elements and Structure
Ancillary Documents and Issues
Different Legal Environments
Defining Risk – Identification and Impact
Key Contractual Risks
Day Two: Managing Contractual Risks and Liabilities
Performance – Quality and Time
Ownership and Risk of Loss or Damage
External Events
Pricing and Payment
Limiting and Excluding Liability
Breach of Contract
Day Three: Indemnities Unmasked
What Are They, How Do They Work?
Negligence – Simple or Gross?
Operation in Different Legal Systems
People and Property
Cross Indemnities
Catastrophe Risk
Day Four: Insurance: Purpose, Types, Limitations
Why Insure and What It Covers
People, Property and Product Liability
Motor, Aviation and Marine Insurance
Environmental Liability
Who Arranges, For Whose Benefit?
Claims Handling
Day Five: Contractual Dispute Management
Tiered Dispute Resolution Mechanisms
Negotiation – Tools and Techniques
Alternative Dispute Resolution
Litigation and Arbitration
Enforcement
Course Review and Learning Outcomes