Like other business owners, most social entrepreneurs would rather focus on growing their business than litigating a legal dispute — particularly one that involves the complexities of cross-border commerce and requires them to navigate foreign legal systems. In fact, with the added pressures of trying to manage their business while meeting impact goals, social entrepreneurs may have even less bandwidth for these issues than typical businesspeople. Yet the unfortunate reality is that, despite an entrepreneur’s best intentions, legal issues may sometimes arise between a social enterprise and its suppliers, investors, employees or customers.
Resolving Legal Disputes in Emerging Markets: What Social Entrepreneurs Should Know About International Arbitration
Patrick Miller/P Miller Legal Services
21 April 2021