Litigation, Securities Litigation, Securities Enforcement, and Investigations + White Collar
The Palace Hotel2 New Montgomery StreetSan Francisco, CA 94105-3402
Paul T. Friedman
For global companies, the international regulatory landscape is increasingly complex, navigating litigation in emerging markets is difficult, and executive liability risks are growing worldwide. With the ever-present threat of protracted litigation, cost to a company's reputation could be compounded by legal -- and financial -- liabilities. Many countries and jurisdictions require local operations and subsidiaries to carry locally-admitted liability coverage. Even where it’s not required, it often makes good risk management sense. Without locally-admitted insurance in place, multinationals with foreign operations may be vulnerable to multimillion dollar losses that their global policies won’t adequately cover.
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