Crisis management – the first 7 days: practical steps
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This session is hosted by our London and Hong Kong dispute resolution practices. Crises take many forms. We discuss what happens when the unexpected occurs. What do you do when your international counterparty suddenly vanishes, or the security that you thought you had disappears or is taken by a third party or is under threat from a third party? We look at:
- typical crisis situations
- protecting your position vis-a-vis the counterparty and potentially competing third parties
- will the real counterparty please stand up? (knowing who is in control)
- is your dispute resolution clause appropriate for this scenario?
- is local injunctive relief available, and is it on a pari passu or first-come-first-served basis?
- the do’s and don’ts of fact finding and reporting
- dealing with interested stakeholders: Board, Compliance, employees, local lawyers, domestic and international regulators and other state authorities, auditors (internal and external), insurers and the press
- managing multi-jurisdictional issues
- ongoing risk factors

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