Bangladesh accord is riskier for U.S. retailers, legal experts say

05/23/2013 | New York Times (tiered subscription model), The

U.S. retailers remain opposed to signing a five-year binding accord to improve factories in Bangladesh because of potential legal liabilities, which are a much greater risk for American companies than they are for European brands due to the different court systems, experts say. "For U.S. corporations, there is a fear that someone will try to impose liability and responsibility if something goes awry in the global supply chain," NRF legal adviser Johan Lubbe said.

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