Global and domestic supply chains are navigating new challenges amid the military escalation in the Middle East.  Closure of the Strait of Hormuz has particularly acute impacts on energy markets and the global economy.  Insurers are cancelling coverage and insureds are finding themselves tasked with exploring “war risk” coverage.  Steamship lines are requiring LOIs and surcharges from cargo owners.  Many industries including energy, manufacturing, and logistics are preparing for possible force majeure events and other defenses to performance.  Join us to examine broader impacts and discuss how in-house counsel can proactively guide their organizations through the evolving challenges ahead. 

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