2) Act: Crisis response
Responses will no doubt shift as investors, shareholders, customers, regulators and other stakeholders begin to consider and apply information and analysis more seriously
When faced with a looming or unfolding crisis, the scope and depth of the problem needs to be identified quickly, and immediate measures may be required to stabilize the situation. We can swiftly assemble a dedicated team to be by your side and support you on the best course of action.
In a crisis, immediate consideration must be given to legal issues including:
- Immediate interactions with affected counterparties (e.g., governments, communities, NGOs, international agencies, suppliers, customers, investors and shareholders) and advice and support in dealing with regulatory inspections, audits and interviews
- Potential recall measures
- Potential criminal exposure, and dealing with immediate steps; e.g., where individuals have been arrested
- Jurisdiction-specific or region-specific practical issues to prevent escalation, defuse tensions and conclude appropriate settlements
- The framework of contractual and financing arrangements concerning any relevant project or undertaking
- Third- party liability
- Legal issues arising from media and communications strategy
- Preservation and maximization of legal privilege protection
- Notifications to and interactions with relevant regulators and authorities
- Notifications to political risk insurances or other insurance covers
- Responses to an activist campaign or unsolicited bid approach
- Management and preservation of key documents to ensure appropriate records are in place in case of potential/future litigation
Next step:
Recover: Path to resolution ›
Crisis Management Highlights