Bob Giuffra, Matthew Schwartz and David Salter Author Hong Kong Lawyer Article “What Asian Manufacturers Should Know About U.S. Markets”

November 2018
Read More

Bob Giuffra, Matthew Schwartz and David Salter wrote the Hong Kong Lawyer article “What Asian Manufacturers Should Know About U.S. Markets,” published in the November 2018 issue. The article discusses the potential impact of increased U.S. regulatory scrutiny on non-U.S. manufacturers, especially as it differs from those in Asian countries. It further discusses the increased number of class action litigation cases filed in federal courts, how the courts are addressing new smart technologies, as well as how manufacturers can prepare by managing risk and minimizing exposure. In analyzing the heightened regulatory environment, “it is clear that Asian manufacturers, whose home country’s legal regimes are often radically different from that of the United States, should act now to assess and manage legal and reputational risk when operating in U.S. markets,” the article states. “Experienced counsel can help companies preserve their reputations—and save millions, if not billions, of dollars—by assessing risks, managing disclosures and working directly with regulators on companies’ behalf.”