The decision by the United States and Israel to launch strikes on Iran has had significant flow-on consequences – not just geopolitically and economically, but also legally and contractually, for businesses whose cargo sails through the Strait of Hormuz. It is thus incumbent upon shipping lawyers like Alison Cusack to not just support clients through the ongoing conflict but also address misinformation that has run rampant since last weekend.
In this episode of The Lawyers Weekly Show, host Jerome Doraisamy welcomes back Cusack & Co founder and principal Alison Cusack to discuss the state of affairs for shipping since the US-Israel-Iran conflict began just under a week ago, the misconceptions floating around, the significance of the Strait of Hormuz, and the ramifications of it shutting down.
Cusack also delves into the conversations she's been having with clients to steer them through the conflict, what optimal client service delivery looks like against the backdrop of a potential "forever war", how she's managing herself personally, lessons she's learnt from previous shipping crises and how to apply those lessons now, and the importance of offering the right support in such consequential times.
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