Challenges and opportunities for corporate counsel in a distressed market
Catherine Kearns, Associate General Counsel, ORIX Aviation, Ireland
Current stresses in markets and the daily industry and worldwide financial developments generated by such stresses raise specific challenges for corporate counsel which I have attempted to detail below in an inclusive albeit not comprehensive list. While the range of challenges may at first appear daunting, opportunities arise for in-house counsel to gain from awareness of and success at meeting those challenges. Furthermore, as will be seen later, many of the challenges arise due to a new intensity of focus on particular areas fuelled by market conditions rather than a necessity to grapple with new areas of learning.
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