Partner Peter Loh was quoted in the Dallas Business Journal article, “Here’s How DFW Businesses Should Protect Supply Chains Amid Coronavirus Crisis.” The article noted how many North Texas-area businesses are grappling with supply chain issues as some are seeing surges in demand, while others are seeing demand wane.
While a host of industries are petitioning the government for financial assistance to ride out the expected economic downturn from the coronavirus outbreak, he isn’t sure any bailouts will be the correct solution. "I think the government is trying to recreate the playbook from 2008 of pumping liquidity into the system, but I'm not sure that's going to do it," he said. "This is such a totally different situation. I think this is another black swan."
Loh is the vice chair of Foley’s Distribution & Franchise Practice Group at Foley & Lardner.