Prosper in recessionary
times, avoid risky waters
Volatile international markets can pose risks to companies working internationally and domestically.
Natasha Wiseman asked Mark Lane, partner at Pinsent Masons, to share his wisdom on risk avoidance
M
ark Lane heads up the water business of
international corporate law company Pinsent
“
It will be looking at how to
Masons. In April he will be chairing day two
prosper in a recessionary world
of the British Water and IWEX Summit, as well as giving
and how you should build into
a presentation on risk management.
Lane took time out from his busy schedule to share
contracts the risk of non-
his views about the recession and corporate risk. While
payment of your counter party
day two of the summit will focus on international
markets, Lane explained that, to some extent, “the risks
going into liquidation.
”
faced internationally will be similar to the ones at home.”
“It is very much about managing recessionary risks,” in the water and sound an alarm if necessary. He also
he said, “so it will be looking at how to prosper in a envisions water plants with a smaller physical footprint
recessionary world and how you should build into
Pinsent Masons' Mark Lane will be
reducing carbon output, growth in industrial greywater
sharing his views on risk and the
contracts the risk of non-payment or your counter party
recession with delegates to the
reuse and slower growing domestic reuse.
going into liquidation or whatever.” British Water Summit at IWEX Lane believes that in the UK the tightly controlled
Lane anticipates that a useful dialogue on financial framework means that cost cutting is inevitable.
sustainability will take place at the summit and expects technology to be “So if you look at the UK supply chain, ” Lane predicted, “it is going to
another area that will be explored on both days. have to be smarter in everything it does, and that includes technology
“I think the sustainability of technological innovation is key, whether innovation, because there is a huge amount to be done in the water
you are a domestic or an international company,” he explained. industry both domestically and globally.”
Two areas of growth anticipated by Lane are carbon reduction and Day two of the British Water and IWEX Summit takes place on the
security measures through tamperproof devices that can detect what is morning of April 21 in the Toute Suite at Birmingham NEC.
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29 IWEX 2010 PREVIEW
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