LIVE! Real Lawyer Reacts: Let’s Dissect The Ocean Gate Waiver

TL;DR

Analyzing the waiver released by Ocean Gate Expeditions for participants in submersible operations and the implications of signing it.

Transcript

foreign what's up everybody I mean two lives and one day on pretty much the same topic is is not normal for us but after the last video on this Ocean Gate story so many of you sent me the actual waiver so it's not going to be a long video but I want to read the waiver in its entirety together so that we can know exactly what it said and then see wh... Read More

Key Insights

• ✳️ Ocean Gate Expeditions' waiver details the risks associated with submersible operations, including unapproved vessels and extreme pressure.
• 🍵 Participants waive liability for injuries, death, and property damage, agreeing to indemnify the company against claims.
• 🤨 The waiver raises concerns about the extent of knowledge participants have of the risks, potential negligence by the company, and the jurisdiction for resolving disputes.

Questions & Answers

Q: What risks are outlined in the Ocean Gate Expeditions waiver?

The waiver highlights risks such as using experimental submersibles, extreme pressure, hazards on support vessels, and exposure to high-pressure gases and electrical systems.

Q: How does signing the waiver affect participants' rights to sue in case of injury or death?

By signing the waiver, participants waive their right to maintain a lawsuit against Ocean Gate Expeditions and related parties for injuries, death, or property damage arising from the operation.

Q: What jurisdiction and venue are specified in the waiver for resolving disputes?

The waiver states that disputes related to the operation or the release shall be governed by the laws of the Bahamas and resolved in the courts of the Bahamas.

Q: Can waivers like the one from Ocean Gate Expeditions be challenged in court for being too broad or against public policy?

Waivers can sometimes be challenged in court for public policy reasons if they are deemed too broad or against the public interest, especially in cases of gross negligence or willful misconduct.

Summary & Key Takeaways

• Ocean Gate Expeditions' waiver outlines the risks involved in submersible operations, including unapproved vessels and extreme pressure.

• Participants waive liability for injuries, death, property damage, and agree to indemnify the company against claims.

• The waiver raises questions about knowledge of risks, negligence, and jurisdiction in the event of accidents.