Brandon Krajewski, Patrick Taylor and Elizabeth Lacey Author Article for Supply & Demand Chain Executive About Mitigating Damages from Breached Contracts in Supply Chain
Quarles & Brady attorneys Brandon Krajewski, Patrick Taylor and Elizabeth Lacey wrote an article for Supply & Demand Chain Executive about the steps supply chain executives, either as buyers or sellers, can take to minimize potential damages related to a breach of contract.
Krajewski is a partner in the firm’s Litigation & Dispute Resolution Practice Group; Taylor, a partner, and Lacey, an associate, are members of the Business Law Practice Group.
In the article, they emphasize the importance of becoming educated about the requirements and protections afforded to the non-breaching party in these situations. An excerpt:
As economic uncertainty increases so too does the likelihood of a breach of contract in your supply chain. As these breaches become more common, businesspersons often find themselves seeking to understand requirements regarding mitigation of damages.
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By becoming familiar with the requirements and protections provided to a non-breaching party, purchasing and sales executives will be better equipped to respond quickly when a supply chain breach arises.