IADC Contracts Committee Meeting

Date:  8 April 2016

Time:  9:00 am

Venue:  Transocean

4 Greenway Plaza #628
Houston, TX  77046


Contact: Holly Shock

Phone: 1-713-292-1945
Email:  holly.shock@iadc.org

Please note that this meeting is only open to drilling contractor members

There will be a presentation by Daniel Johnson, David Baay, and Jack Massey from Sutherland Asbill; & Brennan LLP

The topic will be Efficient Breach – Legal Issues to Consider When Your Customer Walks Away from the Contract.

Given current market conditions, counterparties are looking for ways  to cut contracts that are no longer in their economic best interests.  This presentation addresses damage model considerations, migration obligations, course of dealing/conduct evidence, and strategies for dealing with contract termination notices.

Browse the Contracts Committee website