News & Analysis as of

OEM Adequate Assurances

Warner Norcross + Judd

Strategies for Dealing with Buyers’ Demands for Longer or Delayed Payment Terms

Increasingly, buyers are turning to a new tactic to stem the tide of rising costs: Upstream buyers are demanding longer payment terms. The demands often come from the top (i.e., OEMs and Tier 1s) down and take many forms....more

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