Mr. Heinrich discussed trends in loan documents and provided suggestions on how a corporate borrower could best negotiate its credit facility to ensure maximum flexibility in running its business. He provided specific language that borrowers should request (or avoid) when negotiating a credit agreement. In addition, the session covered how to manage the borrower/lender relationship – describing the RFP process, advising on best practices for monitoring covenant compliance and detailing issues related to the termination and payoff of a credit facility.
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17 February 2025
Foley Viewpoints
6 Steps to Manage Tariff Risks in a Trade War
As Trump seeks to raise U.S. tariffs (which currently tend to be among the lowest worldwide), manufacturers, distributors, retailers, and other companies that frequently import must determine the best strategy to deal with the resulting uncertainties.
25 February 2025
Events
Navigating Tariffs and Supply Chain Contracts: Mitigating Financial and Legal Risks
Join Foley and Lardner LLP partners Greg Husisian, Leah Imbrogno, and Vanessa Miller on Tuesday, February 25, for a Strafford CLE webinar, “Navigating Tariffs and Supply Chain Contracts: Mitigating Financial and Legal Risks.”
17 February 2025
Foley Viewpoints
Navigating Non-Compete Agreements: Key Considerations for In-House Counsel in Franchise Businesses
In May of last year, the Federal Trade Commission (FTC) sought to ban non-compete agreements in most employment contracts. Franchise agreements were an exception. However, before the rule could take effect in September, a federal court vacated the ruling in August, asserting that the FTC lacked the authority to enforce such a regulation.