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AAA-ICDR’s Thara Gopalan: Contracts Can't Eliminate Geopolitical Uncertainty for Businesses

ET LegalWorld•
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Read full article →legal.economictimes.indiatimes.com

Summary

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  • Thara Gopalan from AAA-ICDR emphasizes that businesses cannot eliminate geopolitical uncertainty through contracts, but can manage risks through well-structured arbitration clauses.
  • She highlights the growing complexity of India-US commercial relationships, where disruptions can affect multiple contracts and jurisdictions.
  • Gopalan advocates for early dispute assessment and procedural flexibility to enhance efficiency in resolving cross-border disputes.
  • The evolving role of AI in business raises new legal challenges, prompting companies to rethink their contractual responsibilities and dispute resolution strategies.

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