Asset Recovery

We helped a private equity investment firm successfully recover millions of US dollars from an unscrupulous business partner in China. The client had lost $30 million when its partner withdrew suddenly from a joint venture and stole all of its funds. We investigated the bad actor,  mapped his business and political networks, and identified his pressure points and aspirations.

Based on these findings, we recommended a specific international legal counsel and devised a strategy. We then advised our client on a near daily basis over the next 18 months, including real-time advice at the negotiation table. We also worked directly with the US Department of State and the US Embassy in Beijing on potential visa restrictions and on obtaining assistance from the Chinese Government.

Together with Chinese and American counsel, we successfully persuaded Chinese law enforcement to charge the counter-party with crimes, despite his extensive political connections.