News & Analysis as of

Commercial Contracts Contract Terms Supply Chain

Faegre Drinker Biddle & Reath LLP

Trump 2.0 — The Return of Tariff Uncertainty in Commercial Contracts

The second Trump administration started with a bang. There has been an almost weekly focus on implementing and expanding tariffs on a variety of goods imported into the United States. These tariffs are aimed at protecting...more

Steptoe & Johnson PLLC

President Trump's "Liberation Day": What It Means for Supply Chains

On Wednesday, April 2, the Trump administration announced its “Liberation Day” tariff policy. The policy imposes tariffs that are effective immediately and that are expected to last indefinitely. Leaving aside the politics...more

Robinson+Cole Manufacturing Law Blog

Here’s How Commercial Contracts Can Ease the Cost Burden of New Tariffs Impacting Manufacturers

Commercial contracts tend to be full of “boilerplate provisions” that, to paraphrase Mark Twain’s assessment of classic novels, everyone knows are important, but no one actually reads. When COVID-19 struck, manufacturers...more

Parker Poe Adams & Bernstein LLP

How Businesses Can Prepare Now for an Evolving Tariff Future

As the adage goes, you can’t change the wind, but you can adjust the sails. Manufacturers and other businesses engaged in cross-border transactions should adjust their sails to proactively address the uncertain tariff...more

Foley & Lardner LLP

Changing Requirements: Recent Disruptions to the Law of Requirements Contracts

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Amid increasing pressure on supply chains across the globe, multiple recent court opinions have disrupted the law of requirements contracts – contracts regularly relied upon across industries by many original equipment...more

Quarles & Brady LLP

Supply Chain Survival Series: Impracticability, Impossibility and Frustration of Purpose (Article #10)

Quarles & Brady LLP on

In our previous article, we discussed the concept of force majeure, which can excuse parties from performing their contractual obligations in certain circumstances. As explained in that article, force majeure is a contractual...more

Foley & Lardner LLP

Supply Chain Disruptions Necessitate Better Contracting Practices: Use of AI to Add Efficiency

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As we have covered in prior articles of this series, with supply chain disruptions wreaking havoc on the ability of companies to get their goods and services to market, the terms of a company’s commercial contracts have never...more

McDermott Will & Emery

[Webinar] Terms and Conditions: A Review of Commercial Agreements in the Alcohol Industry - April 14th, 12:00 pm - 1:00 pm EDT

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The manufacturing and sale of alcohol products is a team effort involving collaboration between business partners to ensure everything from sourcing key ingredients and equipment to securing an ad agency or key sponsorship is...more

Bowditch & Dewey

[Webinar] New Contracts: Pandemic Impact on Contract and Transaction Due Diligence - October 27th, 3:00 pm - 4:00 pm ET

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During times of economic turbulence and commercial uncertainty, your business team and corporate counsel are well advised to undertake a more deliberate and thorough due diligence process when entering into contract and...more

Hogan Lovells

Contracts and Insolvency – a transformational change

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New statutory provisions retrospectively change the way many existing and future contracts work. Businesses urgently need to look afresh not just at supply arrangements but also many other significant transactions of which...more

Shutts & Bowen LLP

Is Coronavirus a Force Majeure Event?

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Coronavirus (or COVID-19) is already causing significant disruption to businesses around the world, including quarantines and travel bans affecting trade and commerce, manufacturing, construction, hospitality and service...more

Smith Anderson

Impact of COVID-19 on Real Estate, Construction and Supply Contracts

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As coronavirus (COVID-19) continues to disrupt lives and businesses, it is important to consider how it may affect your real estate, construction, and supply businesses. Every situation and contract will be different, so it...more

Miles & Stockbridge P.C.

The Coronavirus (COVID-19) Outbreak and Key Commercial Contract Considerations

The COVID-19 (the “Coronavirus”) pandemic has the potential to cause business disruptions that may make the performance of a party’s obligations under a commercial contract difficult, unprofitable or impossible. Such...more

Brownstein Hyatt Farber Schreck

Do Force Majeure Clauses Cover a Coronavirus Pandemic?

A coronavirus pandemic (or even the threat of such a pandemic) could easily make it more difficult for parties to perform their obligations under many types of contracts—especially contracts requiring travel or involving the...more

Skadden, Arps, Slate, Meagher & Flom LLP

Coronavirus/COVID-19: Implications for Commercial and Financial Contracts

The outbreak of coronavirus (also known as COVID-19) is reportedly impacting global manufacturing, transportation and cross-border supply chains underpinning many aspects of international trade and commerce. Some companies...more

Pillsbury Winthrop Shaw Pittman LLP

Coronavirus and Force Majeure in English Law

- Under English law, force majeure clauses in contracts may allow parties to avoid their performance obligations in certain extreme circumstances, as defined by the contract. - It is unlikely that a low demand for LNG in...more

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