It is not revolutionary to suggest that the world has become increasingly interdependent, through trade and integrated capital markets. The speed with which Canadian markets were affected by largely-American financial problems in 2008-2009, or by Greek financial problems in 2010, demonstrate with ample clarity the interrelationships in the world economy. But the interrelationship between nations is hardly limited to the financial markets. Pollution cannot be stopped at a border crossing. Defective products manufactured in one country are likely sold in others. Price-fixing cartels are increasingly global. Misrepresentations in public company documents are likely made to shareholders in many countries.
Please note that this publication presents an overview of notable legal trends and related updates. It is intended for informational purposes and not as a replacement for detailed legal advice. If you need guidance tailored to your specific circumstances, please contact one of the authors to explore how we can help you navigate your legal needs.
For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.