The “favored nations” (most favored pricing) clause in supply agreements is employed to contractually bind product suppliers to price reduction adjustments based on the price the products are sold to other customers.  These clauses, sometimes overlooked as harmless, are often hidden in pricing adjustment or other innocuous provisions of a supply agreement. The favored nations...Read More

Director liability is commonly thought of in the context of large, multi-national corporations. However, regardless of size of the entity, directors can be held personally liable for the acts of a company. Shareholders, employees, lenders and customers are potential parties in a lawsuit against a board claiming damages or losses incurred were the result of...Read More