About the Course
Introduction
This CLE webinar will guide counsel in proactively reviewing supply chain contracts amid geopolitical disruptions affecting energy markets, global shipping lanes, and cross-border sourcing, e.g., when the recent Middle East conflict halted most shipping in the Strait of Hormuz. The panel will examine how this instability intensifies contract risks, including delayed performance, supply interruption, cost escalation, source replacement, and termination.
Description
In times of heightened risk, companies should assess the actual contract language in their agreements throughout their supply chain governing force majeure, pricing adjustments, delivery requirements, liquidated damages, limitations of liability, notice, mitigation obligations, termination rights, post-termination obligations, dispute resolution mechanisms, and related remedies, among others, while also preparing for common law doctrines should the contract leave room for such remedies. Companies operating in energy, chemicals, manufacturing, transportation, and other internationally vulnerable sectors face an immediate challenge to audit their existing agreements ahead of any continuing disruption leading to shipping challenges, commodity and input-cost volatility, supplier discontinuity, and cross-border trade risk to ensure they are proactive in their approach to handling any further disruption. The panel will focus on practical review and revision that helps preserve rights, reduce dispute risk, and improve business stability and preparedness in times of uncertainty.
Listen as our panel navigates reviewing existing supply chain agreements, identifying vulnerable provisions, and developing practical amendment and notice strategies before and after trouble occurs.
Presented By
Ms. Johnson is a seasoned attorney who, prior to coming to Foley, advised clients in mergers and acquisitions (M&A), private equity transactions, and other corporate deals. She has deep experience in drafting, negotiating, and managing contract processes for a variety of preliminary agreements. Ms. Johnson's expertise at Foley spans industries, with a particular focus on Supply Chain, where she counsels businesses on general corporate and commercial matters, including commercial contracts.
Ms. Miller’s practice focuses on general manufacturing breach of contract and warranty disputes, automotive supply chain disputes, product liability lawsuits, trade secret claims, and business torts. Ms. Miller defends consumer class actions involving claims of breach of contract, breach of warranty, fraud, negligence, and unjust enrichment. Ms. Miller also routinely counsels clients on various commercial contract documents and supply chain issues. She is a member of the firm’s Business Litigation & Dispute Resolution Practice, Automotive Industry Team and Manufacturing Industry Team.
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This 90-minute webinar is eligible in most states for 1.5 CLE credits.
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Date + Time
- event
Thursday, May 7, 2026
- schedule
1:00 PM ET/10:00 AM PT
I. Why the best practice is to review supply contracts proactively
II. Determining which agreements to prioritize for review and amending proactively
III. Reviewing key provisions against disruption risk
IV. Determining suspension, termination, exit rights, and related remedies
V. Documenting disruption and reserving rights
The panel will discuss these and other key areas:
- Determining which supply chain contracts to prioritize for review
- Reviewing key provisions against disruption risk
- Reviewing and amending existing agreements proactively
- Determining whether termination, suspension, materially adverse change, materially adverse event, and/or related exit rights clauses would provide relief
- Documenting disruption, preserving contract rights, and positioning the client should performance deteriorate from either party
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