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The Corporate CounselorFeaturesGeneral Counsel and In House CounselRegulation

Distressed Suppliers

By James A. Plemmons

Often, purchasers of goods are confronted with financially troubled suppliers and have to decide how best to deal with the supplier in question. There are many pitfalls that you need to avoid. With the complete arsenal of law and information, the customer should be in a position to maneuver through these situations while minimizing risk and cost. The following is information to assist purchasers when confronted with these issues.

Always Research Supplier Before Entering into Supply Contract

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