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Cross-border litigation on the rise
Nearly half of lawyers and executives surveyed in a new poll believe that complicated cross-border disputes have been on the rise over the last two years.
Toria
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The research, involving 146 senior lawyers and executives, found that 90 per cent of such disputes involve at least two or three foreign countries. The most common trigger is a customer dispute. IP and competition are other common problems. Michael Davison of Iosco said: 'Lawyers are expected to anticipate and address legal or regulatory hurdles in advance. Having an early assessment of pros and cons of pursuing the dispute is important.' Source: FT.com
