Since the start of the liberalization of the Indian economy in 1991, thousands of Indo-European cooperations have been concluded. Most of these have taken place in India, but over the past five years Indian companies have increasingly invested in Europe.
In business cooperations, as in any marriage, there are good and bad days and if conflicts cannot be resolved, partners sometimes separate.
Value of mediation
Most contracts in Indo-European transactions provide for the resolution of disputes. Usually a period of informal negotiation or conciliation is to take place prior to arbitration or litigation.
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Daniel H Sharma, a partner in the litigation and regulatory group in Brussels and Frankfurt, and Benjamin Parameswaran, a partner in the corporate/M&A group who is based in Hamburg, jointly head DLA Piper’s India group for continental Europe. DLA Piper is the world’s largest legal practice with more than 4,200 lawyers in 76 offices across 30 countries. From its offices in Asia, Australia, Europe, the Middle East and the United States and through its partner firms in Africa and South America, DLA Piper provides a full range of legal services to local, regional and international businesses.
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