Hosted By: Warner
Warner partners Gordon Toering and Jonathan Lauderbach presented a webinar on dealing with financially distressed suppliers during the COVID-19 pandemic. Many businesses paused all operations due to government shutdown orders to keep employees and customers safe. Today, we are seeing the aftereffects of the pandemic and an increase in financial distress for all companies, including suppliers. Your suppliers’ financial problems can quickly become your own, creating supply chain disruptions and additional costs. However, there are legal strategies available to help deal with your company’s financially troubled suppliers. We identified and offered best practices and legal tools to address distressed manufacturers and suppliers.