JD Supra

MSSC v. Airboss Continues to Roil Automotive Supply Markets — Sixth Circuit Reverses Preliminary Injunction Ordering Auto Supplier to Supply Parts Under Purchase Order Contract

Relying on a recent Michigan Supreme Court opinion, the Sixth Circuit Court of Appeals recently reversed a preliminary injunction requiring an auto supplier to supply products, holding that the ...
Santa Clara University

Requisitions and Purchase Orders

For anticipated spend of $5,000.00 and higher, SCU requires that a Purchase Order (PO) be issued to the supplier before any work begins. The process begins with the end user submitting a [Purchase] ...
JD Supra

Michigan Supreme Court Overrules Longstanding Interpretation of “Blanket” Purchase Orders for Supply Contracts

For many years, Michigan has consistently interpreted “blanket” purchase orders as binding requirements contracts that could bind suppliers (and buyers) for many years — frequently, for the life of a ...
Forbes

Michigan Court Redefines ‘Blanket Orders’ In Supply Chain Contracts

With the confines of long-term supply chain contracts, Michigan's Supreme Court recently ruled to redefine what a "blanket order" is — and it's a big deal. A recent Michigan Supreme Court ruling ...
Forbes

Purchase Order Financing: What It Is And How It Can Help You

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...