Automotive supplier executives were invited to attend the virtual event titled “OESA 2021 Automotive Supplier Legal Hot Topics,” on February 3, 2021. This session offered legal insight into trends that supplier executives need to understand and prepare for as the industry continues to transform into 2021.
Warner Norcross + Judd seasoned automotive attorneys offered legal insights and planning strategies for suppliers, including:
Proactively addressing supply chain challenges and disruptions, such as price increase demands, efforts to exit long term contracts, and COVID-19-related delivery issues
An increase in financial distress in supply bases
New presidential administration, economic uncertainties and how this may impact M&A trends
HR challenges and the COVID-19 vaccine’s impact on workforces
IP best practices in joint development agreements, licensing agreements and non-disclosure agreements
Introduction ─ Michael Brady, Partner and Co-chair of the Automotive Industry Group, Warner Norcross + Judd
Supply Chain Challenges ─ Laura You, Partner, Warner Norcross + Judd
Laura addressed ongoing supply chain strains pressing automotive suppliers including exiting contracts and agreements, price increase demands, raw material cost increases and ongoing force majeure concerns.
Distressed Suppliers and Customers ─ Dennis Loughlin, Partner, Warner Norcross + Judd
Many industries are seeing an increase in financial distress in supply base due to the pandemic. Is there a light at the end of the tunnel or is this the calm before the storm? Dennis discussed the current landscape of uncertainty and address the most important issues regarding distressed suppliers, bankruptcies and workouts.
Workforce Pandemic Recovery ─ Kiffi Ford, Senior Counsel, Warner Norcross + Judd
Labor and employment issues have concerned suppliers throughout the pandemic. HR challenges surrounding workplace safety, compliance and getting employees back to work continue be a major focus. Kiffi addressed these concerns as well as legal and practical implications of the COVID-19 vaccine.
2021 M&A Trends ─ Linda Paullin-Hebden, Executive Partner, Warner Norcross + Judd
With the new Biden Administration and economic uncertainty of the pandemic, there are many unique challenges and opportunities when looking to strike a deal. Linda discussed M&A trends for 2021 and potential supply chain impact, bargain hunting for troubled companies and the art of acquiring technology through deals.
IP Contracting Best Practices ─ Vito Ciaravino, Partner, Warner Norcross + Judd
The IP domain has adapted to the unique environment now considered “normal.” Vito addressed best practices for a variety of IP issues that automotive suppliers should be implementing in 2021 such as: joint development agreements, intellectual property licensing agreements and non-disclosure agreements.
OESA Members Early Bird on or before January 26, 2021: $50.00
OESA Members Regular after January 16, 2021: $75.00
Non-OESA Members Early Bird on or before January 26, 2021: $100.00
Non-OESA Members Regular after January 26, 2021: $150.00
OESA members and industry guests may register in the events section of http://www.oesa.org
. For registration assistance, contact OESA at 248.952.6401 or firstname.lastname@example.org
Please Note: OESA will be utilizing the OESA App for Q&A for this and all future meetings. Download the OESA App HERE
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