ASPRI – WongPartnership: How to Manage and Limit Exposure to RISKS
In the Process Construction & Maintenance (PCM) industry, members constantly embark on projects and enter new contracts. Thus, without proper management and limitation on the exposure of risks involved, companies may suffer unexpected losses.
ASPRI is proud to once again partner with established law firm, WongPartnership, to organise a seminar on 15 September 2017 to share with members on the topic of – Risks Management. It had attracted close to 30 attendees coming together to develop the furtherance of their knowledge from the subject matter experts. WongPartnership had also graciously opened their seminar room situated at the downtown Marina Bay Financial Centre Tower 3 for the event.
Mr. Christopher Chuah, Head – Infrastructure, Construction & Engineering Practice, is recognised as a leading lawyer in Chambers Asia-Pacific – Asia
Pacific’s Leading Lawyers for Business 2016, where he is known as a “preeminent
practitioner” and been described by Chambers as “vastly experienced
in construction disputes” and “demonstrates impressive expertise advising on
both disputes and front-end construction work”.
Mr. Chuah shared about the various contractual mechanisms that were commonly used to manage and mitigate such risks; more importantly sharing on how failure to do so may prove to be costly for the organisation. Several case studies were used as examples on how contractual terms were paramount for proving a case as evidences in court.
During the break, members were treated to a table filled with delicacies where many took the opportunity to network and seek further advice or clarification from the legal expert.
ASPRI would like to thank WongPartnership for ever being so hospitable and grateful for this close working relationship, to continuously bring such value-added seminars to members.