Michael Brady, co-chair of Warner’s Automotive Industry Group, discusses four of the most important contractual provisions automotive suppliers should evaluate when assessing risk, leverage and potential exposure in a dispute or piece of litigation. In this video, Michael examines how quantity terms, price adjustment clauses, contract duration provisions and program cancellation language can significantly impact a supplier’s rights and remedies throughout the life of a program.
As supply chain pressures, cost fluctuations and program cancellations continue to affect the automotive industry, understanding the strength and structure of your contractual provisions is more important than ever. Michael regularly works with automotive suppliers to evaluate these issues proactively and help position businesses to respond effectively when disputes arise.
To watch the video and learn more about the contractual provisions automotive suppliers should be paying close attention to, click below.
