Quote:
Originally Posted by GioforPM
I don’t think anyone said “taking advantage”. Just good negotiator. But even the best negotiator is tied to circumstances of leverage and motivations of each side.
FWIW the lawyers for RCR when he white knighted them were excellent.  I imagine the lawyers for Royal Dutch Shell, Anadarko, Penn West, et al were pretty darn good too.
Frankly, legal advice has little to do with these kinds of negotiations. And I don’t even know if Edwards is involved on a direct basis. |
Wasn't RCR in bankruptcy protection? I suppose, as with the arena, there are only a few locals willing to invest in that venture. I couldn't imagine RCR had a great BATNA.
Also, as with leverage, there is also the factor of what the other side is willing to sell something for. Is Royal Dutch Shell really getting hosed on their deal? perhaps to CNRL; but i imagine RDS had their own optimal goals in mind too.
It's tough to tell what the other side of a negotiation is considering a win.
If a seller is willing to go as low as $1m and the buy is willing to go as high as $2m and they settle for $1.5m who won?
Sorry, i know we are getting off topic, it just seems like many people think Murray Edwards is going to run circles around the city so we should all be really scared.
Maybe im projecting as I have seen this countless times in my line of work. Client asks "are you scared to go up against a big oil company here? i need someone who isnt scared!" dude this is my job, i have about 30 files against oil companies at a given time