Learn your rights and responsibilities when there are issues after signing the purchasing contract.
You have survived the battle of the forms or signed a supply agreement but there is a problem – your supplier hasn’t delivered, the goods don’t work the way they should or you have reason to think that they won’t be delivered. This topic will provide you a basic understanding about what you can do when your purchase contract goes bad. You will receive a primer on the steps you need to take to preserve your rights and the remedies that may be available under the Uniform Commercial Code. Learn about the important notifications you need to make when the goods arrive but are defective, or when you learn the goods don’t work after you accept delivery. Learn about when you have the right to terminate an agreement purchase replacement goods from another source and whether your supplier must compensate you for additional costs of doing so. This material will also include discussion of potential issues that can arise if in the event of insolvency or bankruptcy of another party to a purchase agreement. Focused on practical steps and not just theory, you will be interested in this timely discussion of what to do when a purchasing contract goes bad.
Agenda
Faculty
Christopher Tompkins
Jenner & Block LLP
- Partner in Jenner & Block LLP’s Chicago office where he practices commercial litigation
- Extensive experience assisting clients resolve commercial disputes involving wide arrany subject matters and venues, including the sale of goods under the Uniform Commercial Code (UCC)
- Assists clients with supply disputes including the failure to supply, early termination, pricing, product quality and breach of warranty, and supplier bankruptcies
- Counsels corporate clients regarding best contracting practices under the UCC, including contracting procedures, contract forms and terms and conditions
- Represents clients in a variety of industries including steel and mining, food and beverage, consumer packaged goods, automotive and heavy manufacturing, electric utilities, and chemical companies
- Written and spoken extensively about these areas, including articles on breach of warranty and electronic contracting
- Member of the Chicago and American Bar Associations and the international Bar Association
- J.D. degree, magna cum laude, Loyola University Chicago School of Law; B.A. degree in economics and politics, cum laude, Catholic University of America
- Can be contacted at 312-840-8686, [email protected] or www.linkedin.com/in/christopherptompkins
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