Managing Supply Chain Risks in 2021: Insurance, Force Majeure, Rights and Contractual Obligations

Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
- work Practice Area
Commercial Law
- event Date
Thursday, June 10, 2021
- schedule Time
1:00 p.m. ET./10:00 a.m. PT
- timer Program Length
90 minutes
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
This CLE course will guide counsel on managing supply chain risks and liability in the global pandemic and uncertain economic climate. The panel will discuss what steps have worked most successfully for the past year to mitigate these risks. The panel will also address supply chain contract issues, including when and how COVID-19 may fall under the force majeure clause and offer practical tips when there is a supply chain disruption.
Faculty

Mr. Tutrone advises multinational corporations, trade associations, and transportation intermediaries on domestic and international matters involving logistics services and transportation. These matters include: regulatory compliance; regulatory enforcement; agency rulemaking; legislative concerns; service issues; loss and damage claims; transportation security; contract drafting and negotiation; and rate disputes before the Surface Transportation Board (STB). His practice is multimodal, involving air, motor, ocean and rail transportation, and encompasses a wide variety of logistics services, such as warehousing and terminal services.

Ms. Booth’s practice includes a full range of services with a focus on regulatory compliance and counseling; proceedings before regulatory agencies; transportation contracting; transportation security; legislation; and litigation/arbitration of transportation-related disputes. She represents multinational corporations, trade associations, and transportation intermediaries in domestic and international matters involving multimodal transportation and logistics services. Her practice covers the carriage of goods by rail, motor, vessel and air carriers. Chambers USA has recognized he as one of the leading lawyers nationwide who represent shippers in rail transportation matters, and she was also identified for her work in road transportation matters.

Mr. Ujczo is a senior counsel in the firm’s International Trade and Transportation practice groups. His practice focuses on providing end-to-end counsel across clients’ Canada-U.S., North American and global supply chains. This trade counsel includes customs classification and compliance, utilization of preferential trade agreements such as the United States-Mexico-Canada Agreement (USMCA), tariff mitigation and exclusions, procurement issues such as Buy America/Buy American, and anti-dumping/countervailing duty issues. Mr. Ujczo also advises clients in the negotiating of transportation agreements, managing trusted trader and related security programs, and addressing issues at ports-of-entry.
Description
The impact of COVID-19 on the global supply chains continues to be felt. As vaccination distribution rolls out and variants of the virus continue to circulate, the need for a robust supply chain is evident. Manufacturers and suppliers in China, other Asian countries, and Europe continue to operate below capacity and face challenges in obtaining governmental clearance, thereby leaving weak or broken links in the supply chains of many U.S. companies. Companies should review their contracts and insurance to determine when and how disruption claims may be most readily addressed.
Companies and their counsel need to consider what proactive steps should be taken to minimize their commercial and legal risks to keep plants operating, fill store shelves, and satisfy customer requirements for finished goods by reviewing what has been successful and what has not.
Listen as our authoritative panel examines the supply chain risks involved due to COVID-19 and what steps companies and their counsel can take to mitigate those risks. The panel will also address supply chain contract issues, including whether COVID-19 falls under the force majeure clause and practical tips when there is a disruption.
Outline
- Current status and impact of the COVID-19
- Government actions
- Risks to U.S. company supply chains
- Contingency planning to reduce disruption
- Managing contract obligations and legal risks
- Contract types
- Supplier contracts
- Customer contracts
- Transportation and logistics
- Contract reviews to determine rights and remedies
- Exclusivity
- Default
- Termination
- Liquidated damages
- Other
- Contract performance defenses
- Force majeure
- State law defenses
- Contracts going forward
- Contract types
- Transportation and logistics issues
- Continuing considerations
Benefits
The panel will review these and other key issues:
- Current risks posed by the spread of COVID-19 variants to supply chains
- Contract considerations to help manage supply chain disruptions
- Application of force majeure clauses to COVID-19
- Impacts of COVID-19 and its variants on transportation and logistics services
Unlimited access to premium CLE courses:
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Unlimited access to premium CPE courses.:
- Annual access
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