News & Analysis as of

Adequate Assurances Automotive Industry

Warner Norcross + Judd

Strategies for Dealing with Buyers’ Demands for Longer or Delayed Payment Terms

Increasingly, buyers are turning to a new tactic to stem the tide of rising costs: Upstream buyers are demanding longer payment terms. The demands often come from the top (i.e., OEMs and Tier 1s) down and take many forms....more

Foley & Lardner LLP

Brexit: What’s Ahead? Let the Games Begin

Foley & Lardner LLP on

This is the fourth in an ongoing series of Dashboard Insights blog posts on the implications of the June 23, 2016 voter referendum in the United Kingdom (“UK”) to exit the European Union (“EU”) (“Brexit”). Prior articles...more

Foley & Lardner LLP

Manufacturing Contracts in Distress

Foley & Lardner LLP on

The automotive industry has recently enjoyed a strong period of sales growth and productivity. But even during this period, some manufacturers and raw materials suppliers continue to face pressures presented by financially...more

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