November 13, 2024
Missed the action at the Contracts Training Online Session? Catch up now with the recording, available exclusively for GPC members.
On November 13th, at 12pm GMT, Jonathan Waters, Gafta’s General Counsel, provided practical insights into:
...and much more!
02:19 Jonathan Waters introduces the topics of the session
03:14 What is arbitration?
05:45 Why arbitrate? Benefits of cost and time efficiency, specialist adjudication, and confidentiality
10:53 The GPC Pulses Contract #1 and Gafta arbitration process
13:59 Statistics on Contract #1
19:05 How to avoid arbitration?
24:23 How to prevent disputes?
29:57 What disputes may be unavoidable?
32:45 GPC 1 FM Clause
35:00 How to manage risks and costs?
37:17 Real-life examples from Gafta arbitration
48:26 Q&A session
Disclaimer: The opinions or views expressed in this publication are those of the authors or quoted persons. They do not purport to reflect the opinions or views of the Global Pulse Confederation or its members.