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Michael Best publishes a guide to supplier dependency and contract continuity
Michael Best said it published an article by partner Daniel S. Jones on dependency risk in supplier agreements. The firm said the article argues that many supplier disputes turn on whether the customer can keep making, repairing, modifying and selling a product if the relationship ends, and recommends licenses that survive termination, rights to use alternate sources, and access to tooling, drawings, software, quality records and transition support rather than ownership of the supplier’s platform.
Key points
- Michael Best’s guide examined licenses that survive termination.Michael Best & Friedrich
- The article discussed rights to make, repair, modify and use supplied technology.Michael Best & Friedrich
- The firm’s guide addressed access to tooling, drawings, software and quality records.Michael Best & Friedrich
- Michael Best’s article distinguished continuity protections from ownership of a supplier’s broader technology platform.Michael Best & Friedrich