Supplier Workouts & Bankruptcies
Only the strongest representation will do when suppliers are in distress.
Product recalls, new regulations, natural disasters, labor strikes. The industry at times seems one weak link away from catastrophic financial disruption. When the future of production is uncertain, our experience representing dozens of OEMs and Tier suppliers in these high-risk, highly complex matters is critical. Whether it’s restructuring or liquidating the supplier, in or out of bankruptcy, while protecting production, we help clients quickly understand the benefits and risks associated with all options.
Our deep bench includes former in-house counsel to international OEMs, along with a team skilled at negotiating with multiple parties with competing interests to determine the best course of action to minimize risk and stabilize the supply chain. Our experience ranges from distressed supplier workouts to many of the major bankruptcies over the last 20 years—including Collins and Aikman, Plastech, Chrysler, GM, Intermet, Revstone, Metavation, Exide and Chassix. We have navigated our clients through these uniquely complex challenges, time and time again.