D&C without tears: Smart collaboration in risk-transfer contracts

In this paper, Jim Ross, Jim Dingwall and Mark Evans draw on their experience and a real case study to explain how parties to a risk-transfer or “hard money” contract can cooperate effectively even though their enterprise encounters challenges which will cause one party to ‘win’ at the other’s expense. This paper outlines a range of measures to establish and maintain an environment of ‘smart collaboration’ in such agreements. If such collaboration can be achieved then risk-transfer without tears is a possibility.

2017_03_02 Dingwall-Ross-Evans_D&CWT_rE3