Russell A. Stamets | Contributing Editor
Russell A. Stamets is a contributing editor of the FCPA Blog.
He was the first non-Indian general counsel of a publicly traded Indian company and was general counsel for a satellite broadcasting joint venture of a large Indian business house.
He holds an LLB from Bangalore University, a Master of Business Laws from the National Law School of India University and a J.D. from Indiana University.
Russ previously practiced in East Asia for several years with a major international law firm.
He currently advises foreign companies on doing business in South and Southeast Asia and counsels Asian companies on compliance issues and investments abroad, including FCPA investigations and related matters, competition law, dispute resolution and foreign direct investment in the region.
Image courtesy of Bharti WalmartDespite Wal-Mart’s alleged misbehavior elsewhere, the company deserves a little sympathy for its ongoing troubles in India. Wal-Mart has fought the good fight against an administration in New Delhi that has spent decades stonewalling foreign retailers.
Media savvy anti-corruption activist Arvind Kejriwal, who rocked the Indian political and business establishment over the past few weeks with dramatic accusations of corruption, has formally launched a political party.
Few captains of industry in emerging economies would confess that protectionism was a factor in the growth of their businesses. And they rarely acknowledge the role that such systems have played in the growth of corruption as bureaucrats and politicians sell favors.