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Automotive Insiders host Jason Stein interviews Warner Norcross + Judd Partner Dennis Loughlin in Part II of the podcast about automotive industry disruptions. In this podcast, Dennis addresses accommodation agreements, bankruptcies and other insolvency scenarios plaguing automotive suppliers. Some of these issues were paused due to the influx of Paycheck Protection Program Loan money during the COVID-19 pandemic, but are now being brought to light with suppliers looking for more aggressive tactics to keep their doors open. Dennis comments that the industry is experiencing a large amount of distress right now, after a 15-year boom, and it is pushing some suppliers over the edge. So what is the solution? Dennis provides helpful tactics for suppliers who are dealing with distressed supply chain issues – including reviewing OEM contracts and other legal options that can provide relief to suppliers.

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To watch the video on Spotify, click&nbsp;<a href="https://open.spotify.com/episode/14cAJh54Ie4IkoeT9oe28H" target="_blank" rel="noreferrer noopener"><strong>here</strong></a>.<br>&nbsp;<br>For more information on supply chain issues impacting automotive suppliers, please contact Dennis Loughlin or a member of Warner’s Automotive Industry Group or the Bankruptcy, Restructuring and Insolvency Practice Group.

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Automotive

Automotive TEST LAI

Partner

Dennis W. Loughlin

Bankruptcy, Restructuring and Insolvency

Automotive Insiders Podcast: Navigating a Minefield of Issues

Automotive Insiders Podcast

The Warner Norcross + Judd LLP lawyer responsible for the contents of our advertising and this website is managing partner <a href="/people/mark-j-wassink/" aria-label="Mark Wassink">Mark Wassink</a> who can be reached at <a href="mailto:mwassink@wnj.com" aria-label="email Mark Wassink">mwassink@wnj.com</a> or 616.752.2189. Please read our full <a href="/privacy-policy/" aria-label="see privacy policy">privacy policy</a> available on our website.

Automotive Insiders Podcast: Navigating a Minefield of Issues

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