Protect Your Company from Financially Distressed Suppliers and Customers
Recorded On: 09/13/2022
This on-demand webinar is available for 14 days after purchase.
Economic headwinds are strengthening, and many are predicting a recession in the United States. Factors such as inflation and price increases for materials and services, higher borrowing costs, shortages of necessary goods and labor issues are putting pressure on companies, which could lead to delayed or failed payments. This webinar will provide you with a toolkit to lessen supply chain risks in the face of this expected economic turmoil. Join the webinar to gain an understanding of:
- The impact of bankruptcy on contracts and rights to payment or performance, and related bankruptcy pitfalls.
- The “warning signs” that demonstrate a company in your supply chain might present a risk
- Key aspects of your contracts and commercial relationships that will control how much leverage you have in situations of distress
- Commercial and legal techniques to protect (i) critical supply you are owed if one of your suppliers becomes financially distressed and (ii) the likelihood you are paid if one of your customers becomes financially distressed.
About the Speakers
John A. Simon
John A. Simon is a partner with Foley & Lardner LLP. He focuses his practice on national corporate restructuring, insolvency, bankruptcy, merger and acquisition and commercial contract matters.
Sharon Beausoleil is a senior counsel in Foley & Lardner LLP's bankruptcy and business reorganizations practice in Houston. She focuses her practice on complex bankruptcy matters and related bankruptcy litigation for clients in a wide range of industries, including aviation, chemical, energy, maritime and refining sectors.
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