In addition to reviewing your commercial contracts for how new or increased tariff costs are allocated, another key area to evaluate is whether either party has the right to terminate the contract. If one party gets upside...more
9/5/2025
/ Buyers ,
Cancellation Rights ,
Commercial Contracts ,
Contract Drafting ,
Contract Negotiations ,
Contract Terms ,
International Trade ,
Pricing ,
Risk Management ,
Suppliers ,
Supply Chain ,
Tariffs ,
Termination for Convenience
Force majeure is a defense to performance that is created by contract. As a result, each scenario must be analyzed on a case-by-case basis depending on the language of the applicable force majeure provision...more
Assessing Tariff Impacts in Commercial Contracts -
With the size and scope of President Trump’s tariffs continuing to shift, this is a critical time for businesses to assess their contracts and determine how increased...more