4 November 2020 | Mediation
Next in the UK Chamber of Shipping's webinar programme will take place on 4th November and will be presented by Terry Renouf and Marcus Bowman.
Covid 19 has had an unprecedented impact on national economies and on world trade. Economic downturn drives disputes as parties seek to protect or recover cash. The unforeseen nature of the virus has accelerated commercial and cultural changes not anticipated by commercial contracts. Case law will have to deal with those challenges but until it does (and the Courts are stretched to meet the increased demand with restricted resources) parties will need to explore all the options available to mitigate the costs and disruption to business of ongoing disputes.
Terry and Marcus will explain how mediation works, how to set it up, the difference between this and high court litigation and arbitration. They will also consider the strategic and practical opportunities that arise as mediation has itself reacted to the crisis by moving “online”. They will highlight the efficiencies available to parties and the flexible and early solutions that are available for parties in dispute including early intervention which is popular in shipping disputes.
Terry is a solicitor / mediator who spent over 30 years practicing in EC3 with BLM. He had senior management roles as Managing and subsequently Senior Partner. As well as mediating Terry is also a Director of the Civil Mediation Council which sets and enforces standards for mediators practising in England & Wales.
Marcus is a CEDR accredited mediator, specialising in commercial disputes, particularly in the shipping, energy, mining and logistics sectors. He spent over 30 years at leading international law firm HFW, which culminated in four years as managing partner from April 2015. Marcus was the president of the UK Chamber of Shipping in 2013-14.
His experience includes charterparties, bills of lading, shipbuilding, collisions, fire and explosion, salvage, general average, groundings, total loss, towage, offshore and limitation. Marcus was previously employed on the claims side in two P&I clubs and has had first-hand experience in dealing with P&I and FDD claims.
If you have any questions please do not hesitate to get in contact with Priya Birk.