Chevron v. Maersk Oil Co.
A Barrasso Usdin trial team scored a significant victory when an arbitration panel resolved the untested question of a non-operator's liability for drill-ship expenses incurred during the government's unprecedented drilling moratorium in the Gulf of Mexico. The firm's client, a major oil company and operator of a deepwater drilling project in the Gulf, sued a non-operating party for breaching their operating agreement after the party refused to pay its share of day rates and other charges related to a deepwater drilling vessel idled during the moratorium. After a hearing, a unanimous three-member panel of the AAA's International Centre for Dispute Resolution found in favor of the client and awarded it full recovery of all moratorium charges in dispute. Richard Sarver and Andrea Mahady Price represented the client in arbitration.