The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.
Stephanie Resnick, partner and co-chair of the Directors’ and Officers’ Liability and Corporate Governance Practice Group at Fox Rothschild LLP, offers advice to corporate boards and leaders on how they can avoid being faulted for failing to prepare for an economic downturn.
Ending production of the small cabin Learjet and betting instead on mid- and large-size private jets, the Challenger and the Global, turned out to be a wise move.
The move highlighted the potential risks that firms involved in due diligence face in China as Xi Jinping has tightened the ruling Communist Party’s grip on information.
France released strategic stockpiles of oil products in March to avoid fuel shortages as the strikes blocked fuel movements from many local refineries.