News & Analysis as of

Supply Chain Business Interruption

Jones Day

What About Your Suppliers? Insuring Against Climate Risks to Your Supply Chain

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More than 20 storms—11 of which will become hurricanes, and 5 of which will become Category 3 or greater hurricanes. That's one prediction for the Atlantic hurricane season. Not to worry, you say. Your operations are located...more

Morgan Lewis

Baltimore Bridge Collapse: Key Insurance Considerations for Impacted Businesses

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The catastrophic collapse of the Baltimore Francis Scott Key Bridge resulted in the tragic loss of life, severed part of Interstate 695, and shut down one of the busiest ports in the United States. The disaster could become...more

Ankura

Protect Your Company Through Accurate and Timely Business Interruption Insurance Values and Exposure Analysis

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In an environment with persistent supply chain disruptions, price escalations, cyber-attacks, and natural disasters, businesses are facing risks that are more difficult to avoid. Financial losses resulting from a business...more

Williams Mullen

What to Do if Your Suppliers Are in Distress - Is It Time to Find a New Supplier?

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In our What to Do if Your Suppliers Are in Distress video series, we describe how to identify your critical suppliers that might be in jeopardy, provide suggestions on how you can help them, and share how you can protect your...more

Williams Mullen

What to Do if Your Suppliers Are in Distress - Candid Conversations with Suppliers in Distress

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Williams Mullen’s What to Do if Your Suppliers Are in Distress video series describes how to identify your critical suppliers that might be in jeopardy, provides suggestions on how you can help them, and shares how you can...more

Gray Reed

IRS Chief Counsel Issues GLAMon ERC Supply-Chain Disruption Eligibility

Gray Reed on

Section 2301 of the CARES Act, as amended, permits employers to claim employee retention credits (“ERCs”) if they meet certain requirements. Under one of those requirements, an employer may claim an ERC if the employer’s...more

Williams Mullen

What to Do if Your Suppliers Are in Distress - Identifying Suppliers in Distress

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Williams Mullen’s What to Do if Your Suppliers Are in Distress video series describes how to identify your critical suppliers that might be in jeopardy, provides suggestions on how you can help them, and shares how you can...more

Spilman Thomas & Battle, PLLC

The Site Report - Construction Law Insights, Issue 4, April 2023

Here are the Top Risks for the Construction and Engineering Sector - “Business interruption/supply chain disruption and natural catastrophes are the top risks for the construction and engineering industry, followed by the...more

Kaufman & Canoles

Commercial Client Alert – People’s Republic of China’s COVID Policies

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The infamous “zero-Covid policies” of the People’s Republic of China (PRC), the most severe of which were enacted in 2020, have had enormous impact on the global economy and supply chains. The government-imposed restrictions...more

Ankura

Emerging Middle Market Cyber-Attack Vectors: Are You at Risk?

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The concept of “security by obscurity” is officially outdated. In recent years, cyber-attacks have become increasingly sophisticated, destructive, and indiscriminate. In today’s landscape, cyber threats can come from internal...more

Ankura

How to Create a Lean - Yet Secure - Supply Chain in Today’s Uncertain World

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A recent survey found that 87% of supply chain professionals plan to invest in resilience in the near future, which is no surprise given the amount of global events which have shocked supply chains recently. Political...more

Seward & Kissel LLP

Simply Speaking - May 2022: General Average

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Background - Almost a year to the day after the EVER GIVEN blocked the Suez Canal, making global headlines and focusing the general public’s attention on the world of shipping, bad news struck the EVER GIVEN’s parent...more

Quarles & Brady LLP

Supply Chain Survival Series: Introduction (Article #1)

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It’s Friday at 3:00 p.m. at ABC Corp., and Mike from purchasing enters your office, slumping into his chair with a heavy sigh. Prime resin is in short supply. The next delivery will be weeks late, only half your order can be...more

Rivkin Radler LLP

Insurance Update - May 18 2022

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You’ll find some notable decisions in our May Insurance Update. Appeals over pandemic-related business interruption losses have made their way up to state high courts. And so far, these courts have continued the trend...more

BakerHostetler

FAQs: Ukraine-Russia Conflict: Force Majeure and Other Defenses to Contractual Performance

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The Russian military’s invasion of Ukraine, coupled with the considerable economic sanctions levied against Russia and certain Russian entities and individuals, has significantly impacted businesses worldwide. Recognizing the...more

Kelley Drye & Warren LLP

Insurance Recovery for the Supply Chain Crunch

As the world economy continues its rapid but unpredictable rebound from the COVID-19 pandemic, record shortages and shipping delays due to global supply chain issues have become commonplace. If your business has experienced...more

Lowenstein Sandler LLP

Insurance Recovery After Severe Weather

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While the 2021 hurricane season is not officially over yet, catastrophic weather events including Hurricanes Ida, Henri and Nicholas have already caused substantial damage, bringing record-breaking rainfall and flooding....more

Robinson+Cole Manufacturing Law Blog

Think Twice Before Using These Contractual Shortcuts To Address Supply Chain Challenges

All manufacturers are generally tired of hearing about supply chain problems. These days companies are looking for ways to mitigate shipping delays (i.e., can we ship to a port other than Long Beach?) and the increased cost...more

Vinson & Elkins LLP

The Secret of Change

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I was tempted to take the easy way out for a Labor Day message and just repeat the one we sent last year. It seemed that little had changed, and the message still applied. But then, I think that doing so would be to ignore...more

Robinson+Cole Manufacturing Law Blog

Supply Chain Problems Persist for Manufacturers

“A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world...more

Robinson+Cole Construction Law Zone

Revisiting Price Escalation Clauses in a Time of Skyrocketing Material Costs

Anyone monitoring construction industry trends is aware that the prices of raw construction materials, particularly steel and lumber, have been rapidly increasing since early 2020. Earlier this year, Associated Builders and...more

Pillsbury - Policyholder Pulse blog

Plight of Ever Given Reminds Policyholders to Reevaluate Insurance Programs for Loss and Delay in Transit of Goods

A few weeks have passed since the Suez Canal was cleared of the now infamous Ever Given, the quarter-mile-long, 220,000-ton cargo ship that ran aground, clogging one of the world’s most crucial shipping arteries for over six...more

K&L Gates LLP

Litigation Minute: Legal Considerations for Supply Chain Disruptions

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WHAT YOU NEED TO KNOW IN A MINUTE OR LESS - The COVID-19 pandemic has disrupted supply chains around the world requiring many companies to adjust operations and their business. Supply chain litigation has not erupted as...more

Pillsbury Winthrop Shaw Pittman LLP

Texas Winter Storms: Evaluating Business Interruption Claims Following a Large-Scale Disaster

Responding to the Texas Winter Storm Crisis: Issue 2—Winter storms and wide-area events like the one that recently devastated Texas leave behind challenging questions about business interruption insurance coverage. ...more

Robinson+Cole Manufacturing Law Blog

Supply Chain Issues Persist for Manufacturers in Covid World

The Wall Street Journal published a story a few days ago that described some of the challenges that exist in the manufacturing supply chain. “U.S. manufacturers aced the shutdown of their factories and warehouses last...more

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