The legal profession that Professor Richard Susskind OBE has been observing since 1981 is ‘on the brink of fundamental change’. He predicts that the practice of commercial law in particular, will be almost unrecognisable in 15 years from what it is today. Inevitably, in-house counsel teams are not immune. But with change comes opportunity ...
Remote as one may think the ramifications are on an Asian company, compliance with the US FCPA can significantly impact upon and increase a company’s value. Mauro M.Wolfe and Kathrine A.Gehring of Duane Morris LLP clue us in on the potential opportunity cost of non-compliance … which can be substantial.
Where shares in a BVI business company are held by an individual, problems can arise on the death of that person. Failure to put succession planning in place could be costly, explains Raymond Davern of Conyers Dill & Pearman.
