Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
Developing Strategic Projects - Project Executive Group
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Risk Issues in Detail – Cross-Border (Political) - 2<br />
• Collateral risks<br />
– Types of collateral security allowed by<br />
the Sovereign Government?<br />
– Local formality compliance?<br />
– Priority of liens?<br />
– How is lien enforced?<br />
– How does foreclosure process work?<br />
– Collateral trusts<br />
– Real property issues?<br />
– Interaction among risks?<br />
• Law and Legal Systems risks<br />
– Choice of law?<br />
– Agent for process and submission to<br />
jurisdiction?<br />
– Fees, approvals and filings<br />
– Legal expertise and experience<br />
– General business law and regulation<br />
– Waiver of Sovereign Immunity?<br />
• Illiquidity of equity investment<br />
• Freezing or blocking orders<br />
• Export prohibitions<br />
• Price controls and regulation<br />
• Commercial or political – or both?<br />
© 2006 Paul Allen and Hossein Razavi