Overview
The last few years have seen the emergence of a new era for corporates from multiple dimensions. The recent events in Europe and with the downgrade of US Debt, we could potentially see another liqudity crunch combined with higher financing costs. It can also result in a lot of pressure on intermediaries such as Banks who will now put stricter covenants and lending norms. This will not only make it tough from a corporate finance standpoint but will increase the legal head’s responsibility on ensuring reasonable terms on corporate finance activities in capital markets!
Recent events domestically have pin pointed holes in corporate governance. This has forced regulators to come up with strict legal and compliance measures with strong penalties for delays or non-conformity. Internal and External Audits, scrutiny by board of directors compounds the task of the legal and compliance departments as companies embrace a new policy regime, one that is more evolved and complicated.
More and more companies are leveraging technology to reengineer core processes with the aim of creating intellectual property. With recent valuations of technology companies such as Apple, Google, Facebook etc going through the roof, companies are realizing the potential of intellectual property and placing significant importance on protecting such property through patents. Everybody realizes that future growth will be driven by innovation and technology will be central to this innovation. This places the legal head central to the growth as the authority within the organization to implement the right structures to protect the IP of the company!
At a macro level, Indian companies and Asian peers are still looking for expansion opportunities outside their borders. With this though, they are moving into unfamiliar territory when it comes to dealing cross border regulations!
With all of the above challenges, the legal head’s task only becomes that much more complex as one tries to create the right balance between daily transactions and the bigger picture. Take a day to unwind at the India Legal Summit 2011 to listen to expert speakers that will prepare you to look at the bigger picture while giving you the opportunity to network with your peer group
Glimpses from the India Legal Summit 2010
In its 2nd year, Cadenza Solutions has established itself as a leading organizer of summits with thousands of people benefiting from the content and expert insight. Please find a glimpse of what happened last year at the India Legal Summit 2010
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The keynote address saw Mr.Cyril Shroff address the community on his views on the outlook for the fraternity. Coming from the Managing Partner of India’s leading law firm Amarchand and Mangaldas, this session provided practical insight and lessons for legal professionals to take home and relook at the bigger picture |
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With expansions of the Indian “MNC”, the legal head is at the centre of all action. Mr.Srinivasan, MD & CEO, 3i Infotech with his vast knowledge having completed acquisitions across the world pointed pitfalls one should definitely avoid while drafting contracts and negotiating agreements |
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M&A’s are on the rise as a result of value opportunities that have emerged post the recession. Mr.Root from Milbank Tweed Hadley and McCloy provided an international perspective on cross border transactions and some case studies on successful and not so successful deals |
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Technology is at the core of any growth engine for an organization. Only recently, companies are taking steps to protect technology but are unsure about mechanisms and regulations. Mr.Vutha, an expert on Intellectual Property Rights highlighted the significance of IP creation and protection for the long term benefits of the company |
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Alternate Dispute Resolution is emerging as an important mechanism for resolving conflicts short of litigation. The panel discussion moderated by Ms.Poorvi Chothani, LawQuest, consisted of eminent lawyers and industry experts that debated on their experiences with ADR and the differences in processes across jurisdictions. |