Distressed supply chains – how can suppliers protect their position?
Distressed supply chains – how can suppliers protect their position?
In this course, we will provide guidance on how clear drafting on liability and force majeure can assist suppliers under strain.
By the end of this course, you should be able to:
- Understand the various steps that suppliers can take to protect their position in order to avoid contractual remedies
- Explain how a force majeure clause can provide protection
- Consider the application of the doctrine of frustration, and including a clear liability regime within supply chain contracts