Force Majeure Clause, Pricing

Countdown to Tariffs: Are your contracts ready?

Kerr Russell on 1/16/2025

President-elect Donald Trump has threatened to impose sweeping tariffs on imported goods immediately upon taking office on January 20, 2025. Those tariffs could have an immediate impact on the U.S. supply chain for goods, as...more

"An Ounce of Prevention"...How to Reduce the Risk of Litigation and Enforcement Proceedings

Seward & Kissel LLP on 7/27/2023

To paraphrase what Ben Franklin may have been alluding to nearly 300 years ago in his famous quote, often the best approach when it comes to reducing the risk of litigation and government enforcement proceedings is to take...more

Climate Resilience as a Proposed New Feature of Sovereign Debt Instruments

White & Case LLP on 2/9/2023

Climate factors' impact on a debtor's ability to honor its obligations has been recognized for over 4,000 years. It was the Code of Hammurabi in Mesopotamia that first mandated a deferral of principal repayment and...more

At What Price?: Pricing Strategies to Deal with Rising Costs

Foley & Lardner LLP on 8/25/2021

As costs of raw materials and freight rise, some suppliers are facing the dilemma of locked-in product prices with customers and an inability to respond to declining profit margins. Historically, suppliers have been able to...more

Material Price Escalation Has Become a Source of Substantial Conflict in Construction Contracting

Adams & Reese on 6/9/2021

The cost of building materials has risen significantly this year. Who should bear this risk and how can the various parties to construction contracts mitigate this risk? Owners, contractors, subcontractors, and...more

Auto Supply Chain Price Disputes During COVID-19

Foley & Lardner LLP on 8/17/2020

To say that COVID-19 has wrought havoc on automotive supply chains this year may be an understatement. With significant portions of their supply chains located in China, automotive suppliers and their customers had to contend...more