Listen to our latest podcast, “ADR in the Aftermath of the Baltimore Bridge Collapse” featuring LeRoy Lambert, President of the Society of Maritime Arbitrators and American Arbitration Association Commercial Vice President, Aaron Gothelf, as they discuss the role ADR plays in resolving maritime accidents.
Episode Highlights:
- Arbitration in Maritime Disputes:
- Understand how arbitration is used in maritime law, focusing on its process, benefits, and when it's most likely to be employed.
- The Role of Mediation:
- Discuss the effectiveness of mediation in reaching global settlements in shipping accidents, including its advantages for all parties involved.
- Specialized Arbitral Institutions:
- Highlight institutions that specialize in maritime disputes, their role, and how they facilitate the resolution of complex cases.
- The RMS Titanic Statute of 1851 and ADR:
- Explore how the RMS Titanic Statute of 1851 influences the resolution of maritime disputes and its impact on ADR processes.
- First Party vs. Third Party Claims in ADR:
- Examine how first party and third party claims are handled differently in the context of ADR and the challenges associated with each.
- Challenges with Business Interruption Claims:
- Understand the difficulties in recovering business interruption claims through ADR in maritime contexts and strategies to address these challenges.
- Educational Opportunities for ADR Professionals:
- Discuss resources and learning paths for mediators and arbitrators to deepen their understanding of maritime law and insurance issues specific to maritime accidents.