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11.02.2023 What to Do if Your Suppliers Are in Distress

What to Do if Your Suppliers Are in Distress: Is It Time to Find a New Supplier?

In our What to Do if Your Suppliers Are in Distress video series, we describe how to identify your critical suppliers that might be in jeopardy, provide suggestions on how you can help them, and share how you can protect your business’s interests at the same time.

In this episode, Jen McLemore highlights important considerations for companies contending with default or termination decisions regarding suppliers facing challenges that impact their performance. She also shares steps companies can take should they decide to maintain their relationship with their distressed supplier.  

Please note: This video series contains general, condensed summaries of actual legal matters, statutes and opinions for information purposes. It is not meant to be and should not be construed as legal advice. Individuals with particular needs on specific issues should retain the services of competent counsel.