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The Problem of Yes!

  • Wednesday, April 15, 2015
  • 5:00 PM - 8:00 PM
  • Management Education Center, 811 W. Square Lake Road, Troy, MI 48098


  • Members of the MSED LinkedIn Group

MSED Monthly Meeting


The Problem of Yes!


Seth Drucker


Foster, Swift, Collins & Smith


Jeff Lamb


Honigman Miller Schwartz & Cohn




Program Summary:   

Okay, you got the business, now what? What did you really sign up for?

Attorneys Seth Drucker of Foster Swift, Collins & Smith and Jeff Lamb of Honigman Miller Schwartz & Cohn will help you to be proactive and prepare for the worst.

It's always exciting to land that piece of new business! However, in our excitement, it's important to look at the fine print in the contract, which can land us in hot water and make the business undesirable.

Be proactive and attend this informative meeting to learn how to navigate through these important issues:

  • Who is it that really owns that technology? 
  • What happens when you lose the business during the contract period? 
  • What can you do if the proposed validity of their forecasting turns out to be wrong? 
  • How do you contest terms?
  •  What is negotiable and what is not negotiable?
  • What happens when raw materials prices change?

And finally, why is it important to partner with sound legal counsel which can protect you and keep the business?



5:00pm-6:00pm:  Registration & Networking

6:00pm-7:00pm:  Dinner

7:00pm-8:00pm:  Presentation/Q&A


Speaker Bios:

Seth Drucker's practice concentrates on representing automotive, manufacturing and technology concerns in commercial transactions, supply-chain management, restructuring and litigation matters. With nearly a decade of prior experience as an automotive product development engineer, he has gained extensive practical and technical knowledge of the automotive industry, vehicle engineering, development and manufacturing. Seth also advises clients in commercial bankruptcy matters, including adversary proceedings, defense of bankruptcy preference actions and landlord tenant matters.


·         Assists with commercial transactions involving Articles 2 and 9 of the Uniform Commercial Code and the negotiation and development of contracts for the sale of goods and services

·         Advises automotive OEMs and suppliers on contract disputes, especially matters related to the preservation of just-in-time supply of goods

·         Provides representation on industry specific bankruptcy issues, including insured's rights and obligations under Chapter 11 of the Bankruptcy Code, landlords in their relationships with financially troubled tenants, tenants in their relationships with financially troubled landlords, licensees and licensors of intellectual property, and purchasers of assets of financially distressed companies

·         Counsels clients regarding prosecution and defense of debt collection actions, garnishments, executions and recovery of assets

·         Advises clients in matters related to the Michigan's Special Tool Builder's Lien Act and Moldbuilder's Lien Act 


Jeff Lamb is a partner in the Litigation Department who focuses on representing private equity firms and international manufacturers in commercial disputes. He has served as trial counsel in bench and jury trials and arbitral proceedings that have gone to verdict, and has won multi-million dollar judgments and achieved favorable settlements at all stages of litigation.  Prior to joining Honigman, Mr. Lamb worked at a prominent national law firm where he represented global chemical and energy companies in litigation stemming from refinery fires and well failures, as well as commercial disputes arising from joint ventures and mergers gone awry. He is a former Marine Corps officer.


·         Represents private equity firms and their portfolio companies in commercial litigation and internal investigations typically involving allegations of fraud, breach of fiduciary duty, and breach of contract

·         Represents international manufacturers in commercial disputes with their suppliers, distributors, customers and competitors

·         Has extensive experience solving complicated e-discovery problems under tight deadlines and carrying high stakes

MSED Event Cancellation Policy:  Cancellations will be accepted until 5pm on Friday, April 10th.  Cancellations received by this date will be refunded less a 10% administrative fee, with a minimum charge of $5.  Refunds cannot be issued for cancellations received after this date; however, substitutions for another person to attend in your place are gladly accepted.

Contact Us
(248) 643-6590

PO Box 99463
Troy, MI 48099

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