Tag: International Developments
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Comparative Corporate Governance (Part I)
[Posted by Umakanth Varottil] There have been some recent developments (particularly studies) in the area of comparative corporate governance that are noteworthy. Some of them concern India directly, while others are international but could provide valuable lessons for India. 1. Comparative Studies of Corporate Governance Across Countries The Race to the Bottom blog (which is…
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Will We Witness an Indian Sovereign Wealth Fund?
[Posted by Umakanth Varottil] Sovereign Wealth Funds (SWFs) have become the flavour of the day. The business press regularly reports investments (usually running into several billions of dollars) by the sovereign wealth fund of one or the other country into companies of located in yet another country. Several US financial companies embattled by the subprime…
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Indian Acquisitions in the US: A Quick Checklist of Issues
[Posted by Umakanth Varottil] The Harvard Law School Corporate Governance Blog carries a recent post that contains a handy checklist of critical current issues that should be considered in advance of any acquisition of US businesses by non-US entities. The checklist has been prepared and posted by Wachtell, Lipton, Rosen & Katz, the top US…
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M&A: Tackling Ambiguity in Deal Documentation
[Posted by Umakanth Varottil] M&A lawyers are accustomed to drafting and negotiating contracts that contain complex terms and conditions relating to the performance of obligations by parties and remedies for their breach. It is not out of place for acquisition agreements to contain clause A that operates “notwithstanding any other provision contained in this Agreement”,…