The Legacy of Distressed and Failed Projects, A Review and Reconceptualization of the Legal Paradigm (Proceedings 1)
Article from: TDM 2 (2007), in Infrastructure Investment & Dispute Management
This article offers a summary of the proceedings of the 1 st General Counsels' Roundtable organized by the Collaboratory for Research on Global Projects at Stanford University in January 2005. The Roundtable brought together lawyers and business executives from different sectors and academics from different disciplines to discuss the legal challenges of private infrastructure projects in emerging markets over the past decade. A central conclusion is that the legal paradigm of these global projects has not fared well. More often than not, the contractual arrangements of ...