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Purchasing Contract Remedies

 

Learn to design and negotiate contracts that keep you covered even under unforeseen circumstances.

Procurement is a vital organizational function for any company. Vendor relationships provide access to vital goods and services to purchasing organizations but are also potential points of failure for those organizations. For vendors, the costs associated with a single failed customer relationship can wipe out the margins from a multitude of successful relationships. For purchasers, this topic will educate you about the remedies that your organization can negotiate for and obtain in the event that a vendor fails to deliver as promised. For vendors, this topic will give you tools to mitigate the risk of a failed customer relationship while at the same time offering customers good faith recourse in the event of problems with the transaction or relationship.

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Purchasing Contract Remedies

Faculty

Francis X. Taney, Jr.

Francis X. Taney, Jr.

Taney Legal LLC

  • 25 years of experience with both negotiation of professional service contracts and litigation arising from such contracts
  • Tried approximately 50 cases to verdict or award in bench and jury trials, arbitrations and other administrative proceedings
  • Has coordinated the legal strategies for close to 100 technology-based startup companies
  • Legal Intelligencer “Lawyer on the Fast Track”
  • Pennsylvania Super Lawyers “Rising Star”
  • SmartCEO “Legal Elite” list
  • Featured legal commentator on Fox Business Network “Money for Breakfast” and CNBC “Power Lunch” segments
  • Selected published works include: "Technology Transactions and Effective Litigation Management", chapter, Inside the Minds: Technology Law Client Strategies, 2007; "Navigating the IT Outsourcing and Procurement Process", chapter, CIO Wisdom II: More Best Practices – Harris Kern Enterprise Computing Institute, 2006; and "Securing the Whole Enterprise: Business and Legal Issues", an article he co-wrote with Thomas Costello, IT Professional, 2006
  • Can be contacted at 215-514-8736 or [email protected]
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Purchasing Contract Remedies

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