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Distressed Supply Chains – How can Suppliers Protect their Position?
Distressed Supply Chains – How can Suppliers Protect their Position?
Level
Beginner
Duration
10 minutes
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In this course, we will provide guidance on how clear drafting on liability and force majeure can assist suppliers under strain.
Learning Outcomes
Learning Outcomes
By the end of this course, you should be able to:
• Understand the various steps that suppliers can take to protect their position in order to avoid contractual remedies
• Explain how a force majeure clause can provide protection
• Consider the application of the doctrine of frustration, and including a clear liability regime within supply chain contracts
