Slide Deck

21 Slides available anytime
  • 21 Slides

Strategies to Employ in Workouts, Litigation and Bankruptcy With Distressed Suppliers


Learn legal strategies and best practices available for use when working with financially-troubled suppliers.

The economic ripple effects of COVID-19 have caused an increase in financial distress for many companies. When we think of financial distress, our first thought is often about customer defaults. But your suppliers' financial problems can quickly become your own, creating supply chain disruptions and saddling your business with additional costs. This topic offers proactive steps for determining if you have suppliers in distress and explains legal strategies and best practices available for use when working with financially-troubled suppliers. This material will also discuss how to prepare for the potential bankruptcy of a supplier and your potential options and rights in the case that a supplier seeks bankruptcy protection.



Jonathan E. Lauderbach

Jonathan E. Lauderbach

Warner Norcross + Judd LLP

  • Executive partner at Warner Norcross + Judd LLP
  • Focuses on commercial and bankruptcy litigation
  • 26 years of experience as an attorney
  • Represents creditors and creditors’ committees in Chapter 11 cases, in industries such as automotive, hospitality and lodging, wine and spirits, tool and die, and real estate
  • Represents clients in both bankruptcy and non-bankruptcy supply chain disputes, in diverse industries such as automotive supply, chemical manufacturing, food processing and distribution, and construction equipment
  • Negotiates and enforces accommodation agreements, forbearance agreements, loan restructurings and liquidations, and sales pursuant to the Uniform Commercial Code
  • Prosecutes and defends lawsuits involving claims of fraud and fraudulent transfers, preferential transfers, non-dischargeability and the validity and priority of claims or interests
  • Currently chair of the Michigan Supreme Court’s Attorney Discipline Board
  • Frequent speaker on topics such as supply chain, intellectual property, fiduciary duties and corporate governance
  • Served as a Circuit Judge for Midland County, Michigan prior to opening Warner’s Midland office in 2013

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.