COVID-19 Supply Chain Disruption Now and Later

Due to COVID-19 concerns and government-imposed restrictions, many businesses have endured and are likely to continue to endure unprecedented supply chain disruptions. While COVID-19 has not fundamentally changed the legal remedies available to parties in a contract dispute, these disruptions have highlighted the need for contracting parties to work cooperatively to innovate new solutions to preserve their supply chain relationship. All parties should not only model different scenarios to best position themselves in the event of a contractual default, but also employ new technologies to avoid losses from future disruptions.

Read the full article in Industry Today.