Originally from Alternatives to the High Cost of Litigation

PAGE PREVIEW

Shortly after transitioning from private practice to in-house counsel at Amtrak, I was tasked with negotiating a $100 million acquisition of passenger coaches--a project with a high risk of cost overruns and delays based on past experiences.

According to my general counsel, Amtrak incurred more than $40 million in cost overruns on prior acquisitions.

The passenger coaches were being manufactured by Montreal based Bombardier Inc., at a facility located in a small town, La Pocatiere, a couple of hours north of Quebec City, Canada, as well as at a facility in Barre, Vt., to meet the Buy America requirements that Amtrak was subject to.