Production halt by Nexperia | Who is liable in the chip crisis 2.0?
Speakers
The latest government intervention at semiconductor manufacturer Nexperia is causing considerable uncertainty in global supply chains. This affects not only the automotive industry, but also mechanical engineering, electronics and medical technology – sectors in which semiconductors are indispensable. Production downtime at OEMs has far-reaching consequences for Tier 1 and Tier 2 suppliers.
The situation is reminiscent of the global chip crisis during the COVID-19 pandemic, but raises new legal questions:
- Who bears the risk of a production stoppage?
- Is this a case of force majeure or is there a threat of breach of contract?
- What are the obligations for the fair distribution of scarce stocks?
- Do suppliers have to make expensive replacement purchases or technical conversions?
In our webinar, we provide practical insights into legal strategies and possible courses of action. Our international automotive team at Bird & Bird has extensive experience from the last chip crisis and shows how companies should respond now.
Participation in the event is free of charge.
Please note that the event will be held in German.