At the latest Counsel to Counsel forum in London, participants discussed the complications encountered in cross-border transactions. As Harry Keegan found out, there are many things that need to click in order for deals to run smoothly
Managing multi-jurisdictional deals, perhaps several at once, is not every in-house lawyer’s idea of fun. Getting the deal done on schedule while managing teams of lawyers operating in different cultures spread across several time zones, with legal systems at varying degrees of development, is not easily achieved. Doing all of this while keeping a lid on costs is more impressive still.
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