News & Analysis as of

Supply Chain Commercial Insurance Policies

Jones Day

What About Your Suppliers? Insuring Against Climate Risks to Your Supply Chain

Jones Day on

More than 20 storms—11 of which will become hurricanes, and 5 of which will become Category 3 or greater hurricanes. That's one prediction for the Atlantic hurricane season. Not to worry, you say. Your operations are located...more

Gould + Ratner LLP

2024 Construction Outlook

Gould + Ratner LLP on

Throughout the past few years, the construction industry has been plagued with myriad issues, including supply chain constraints, labor shortages and material procurement problems, among others. Although some issues subsided...more

Benesch

Navigating the Perils of General Average

Benesch on

Ocean transportation procurement teams and vessel owners alike would do well to pay close attention to the effects of recent notable maritime perils that have triggered claims for general average. The running aground of both...more

Woodruff Sawyer

Looking Ahead to 2022 Cyber Insurance Expectations For The Coming Year

Woodruff Sawyer on

1.0 CYBER MARKET UPDATE - 1.1 US Market Update - To call 2021 anything other than a sea change in the cyber insurance world would be an understatement. Indeed, nearly all cyber insurance renewals saw increases in...more

Pillsbury - Policyholder Pulse blog

Plight of Ever Given Reminds Policyholders to Reevaluate Insurance Programs for Loss and Delay in Transit of Goods

A few weeks have passed since the Suez Canal was cleared of the now infamous Ever Given, the quarter-mile-long, 220,000-ton cargo ship that ran aground, clogging one of the world’s most crucial shipping arteries for over six...more

Morgan Lewis

Maximizing Insurance Assets Amid Extreme Weather Conditions

Morgan Lewis on

With recent severe weather events in Texas and other states causing significant property damage and business disruptions, companies should consider how their insurance coverage, including business interruption and supply...more

Sheppard Mullin Richter & Hampton LLP

The Impact of COVID-19 on M&A Transactions - Part 1: Due Diligence and Operational Issues

The COVID-19 pandemic has caused severe disruption, distress and uncertainty for companies across almost every industry. While this initially resulted in a substantial slow-down in the M&A market, transactional activity is...more

Hinshaw & Culbertson LLP

A Funding and Business Viability Checklist for Companies Contending with Effects of the COVID-19 Crisis

The COVID-19 crisis is having a very substantial impact on many businesses. On a daily basis, they are struggling to continue their operations while facing mounting economic losses and ongoing cash flow shortfalls. A number...more

Morgan Lewis

Maximizing Insurance Assets for Business Losses Relating to Coronavirus (COVID-19)

Morgan Lewis on

With significant business disruptions occurring as a result of coronavirus (COVID-19), companies should consider how insurance coverage, including business interruption, supply chain, and event cancellation coverage, can help...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

McDermott Will & Emery

COVID-19 – Contingency Planning Checklist for Private Equity Portfolio Companies

McDermott Will & Emery on

Following the wider outbreak of the coronavirus (COVID-19) around the world, radical—and sometimes controversial—actions have been and are further expected to be taken by national, federal and local governments and...more

Schwabe, Williamson & Wyatt PC

COVID-19 and Force Majeure Clauses

Many organizations may be parties to contracts where the counterparty is seeking to cancel its obligations because of COVID-19. This situation is arising in relation to various commercial relationships, including supply...more

Hinshaw & Culbertson - Insights for Insurers

Insureds Likely Face Uphill Battle in Seeking Coverage for Coronavirus Losses

As the coronavirus, COVID-19, continues to spread, organizations around the globe are facing mounting business disruptions and economic losses. Some of these entities may seek coverage for these losses under a variety of...more

Pillsbury Winthrop Shaw Pittman LLP

COVID-19 Insurance Checklist

Make an inventory of risk pathways that could affect your business. Identify essential supply chains, raw materials or parts providers and service providers to assess impact of potential disruptions....more

Dentons

Coronavirus Commercial Concerns - Supply Chains and Sources, Insurance, and More

Dentons on

Over the last few years, some commercial businesses have struggled with Chinese supply chains and vendors under the threat of U.S. tariffs. Now, businesses need to think about and strategize their supply chains and vendor...more

Pillsbury - Policyholder Pulse blog

Getting Ahead of the Coronavirus Epidemic: What It Means for Insuring Your Business

There has been a drumbeat of news reports about Wuhan, China, a city more populous than any in the United States, which is in effective lock-down because of the coronavirus. Foreign nationals are being evacuated, travel has...more

Pillsbury Winthrop Shaw Pittman LLP

Hurricane Harvey and Irma: Is Your Company Prepared for a Disaster? The Property and Business Interruption Insurance Checklist

An unexpected or catastrophic loss can force any company out of business, even if it is insured. You must understand your company’s risks and how your insurance policies cover those risks in order to manage them and maintain...more

Zelle  LLP

Insurance Chain Reaction from the Tianjin Port Explosion

Zelle LLP on

The recent Tianjin port explosion, like the 2011 Japanese earthquake and Thai floods, will lead to massive supply chain disruption. The impacted area included a high concentration of multinational and technology companies....more

Foley & Lardner LLP

Closing a Facility? Dig Deep to Avoid Contractual Issues

Foley & Lardner LLP on

When closing a facility, the legal issues that most often come to mind are terminating a lease or selling the asset(s). However, those are just the tip of the iceberg. From below the surface, potential problems may arise out...more

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