Our sympathy, concern, and support continue to be delivered to Japan and its people in hopes that the healing and rebuilding process will be swift following the Japan earthquake and tsunami. Likewise, more recently, the tornados and flooding in the South have severely impacted people and businesses in Alabama, Tennessee, and the surrounding states. As part of the rebuilding process, the impact upon all automotive companies is beginning to be understood. The industry also is recognizing new concerns related to each OEM’s dependence upon a supply chain to support production throughout the world.
As our clients learned during the automotive restructurings and liquidations over the last decade, supply chain mapping combined with financial reviews of suppliers are critical to protecting continuity of supply and production. The industry has renewed its collection of supply chain information to manage the short and long term impact of the natural disasters that have occurred in 2011. At the same time, Dickinson Wright PLLC has compiled a list of some of the unique legal issues it anticipates may affect the industry. We particularly want our clients to consider those issues as they work to protect production and find opportunities to maintain and increase their market share and business success.
Please see full publication below for more information.
