An interesting update today from law firm Reed Smith, writing about the added complications of conducting international business during times of unrest and regime change. Timely analysis, indeed, as the world watches the dramatic events unfolding in Libya’s capital and pressure mounts on Syrian President Assad to step down.Titled Regime Change and State Contracts, today’s analysis asks [bold is ours]:
For international companies with economic interests in these states, questions will nevertheless remain about the position of their investments over the coming weeks and months. What rights would such companies have following a change in the regime? What would happen if the country is divided? Equally, what will the position be if the current regime does not change after all?
For you reference, here are some highlighted points in Reed Smith’s answer…Read entire post here»