JAPAN
The Japan In-house Counsel Network (JICN) organized two forums for June, one aimed at business in India and the other at antitrust issues in Europe.
With the 1 June forum – entitled Working with India: The law firm’s role in facilitating full and effective participation – the JICN considered that India has long promoted foreign investment, but there had been few successful projects there from Japan, and some companies had pulled out of India completely.
In order to take advantage of the available opportunities in India, the JICN opined that GCs need to navigate the rapidly changing business and legal environments, as well as understand how to effectively negotiate with determined Indian parties. At the same time, there remains in India the need for experienced counsel that can assist clients to ensure that neither well established nor newly promulgated laws create obstacles to successful participation.
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