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SearchCIO.com

SearchCIO.com
January 22, 2009
"IT Outsourcing Contracts Merit Review Given Scandal at Indian Firm"
By Rachel Lebeaux


Pace Harmon Partner David Rutchik comments regarding the major implications of the Satyam financial fallout. Satyam customers should assess both the immediate and long-term ramifications of the scandal. "In the immediate term, CIOs need to be analyzing their contracts to understand what sort of rights they have as far as termination, any kind of damages they could be getting and non-solicitation [of employees] or lack thereof."…"This being a cash crisis, there are still a lot of questions about what's going to happen to individual employees."

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