Westlaw Publishes Akin Gump Q&A on Cross-Border Transactions in Challenging Jurisdictions

Westlaw has published the article “What you need to know about cross-border transactions in challenging jurisdictions,” a Q&A with Akin Gump international trade partner Christian Davis and cross-border transactions partner Melissa Schwartz. The article discusses why some jurisdictions pose additional challenges for cross-border deals, and also looks at how businesses can reduce risk and position themselves for success in these markets.

Davis and Schwartz cover a range of topics, starting with what makes a jurisdiction challenging, which challenging markets are currently hot and whether there are any particular industries making cross-border transactions more challenging. Davis noted that those industries presenting heightened risks include energy, aerospace and defense, technology and telecommunications. “The financial sector,” he added, “is also the subject of scrutiny, particularly with respect to sanctions and anti-money laundering issues.”

The two then offer some thoughts on what to look for in assessing a potential cross-border transaction as well as the biggest mistake that companies can make in challenging cross-border transactions. Schwartz also listed some enforcement trends she has recently seen, citing increased enforcement by government authorities along with “significant de-risking by financial institutions.”

To read the complete article, which originated as an “Akin Answers” column, please click here.