As the automotive industry continues to restructure, whether through self-liquidation or government intervention, suppliers will inevitably be confronted with many of the same issues prevalent 4-5 years ago, including a supplier’s obligation to continue to provide goods post-petition and the supplier’s rights to adequate assurance as a condition to such shipment.
USA, Company & Commercial, Insolvency & Restructuring, Barnes & Thornburg LLP, Bankruptcy, Credit (finance), Debtor, Collateral (finance), Liquidation, Debtor in possession, Title 11 of the US Code, Uniform Commercial Code (USA)