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Expect permanent disruption to cross-border deals, warns report

19 February 2025
Issue: 8105 / Categories: Legal News , International , Legal services , Sanctions , Regulatory
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Cross-border deals are becoming more uncertain, costly and challenging for senior in-house counsel at major multinationals.

That’s the thrust of a report, ‘GeoDisruption: balancing gigawatts, gigabytes and gigapowers’, published this week by Lex Mundi, a membership organisation of 150 law firms. It anticipates that global turmoil will increase and will require earlier, more complex legal advice for boards and management teams.

It identifies three key areas of regulation—sanctions, which can create hidden risks within supply chains and generate litigation; geo-economic risk, which can block or delay deals; and supply chain disclosure rules, which increase compliance costs.

Helena Samaha, CEO and president of Lex Mundi, said: ‘One silver lining may be innovation in technology and AI, but legal teams still need structured, high-value, legal risk management support from their law firms.’  

MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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