An Asian-based fast-food conglomerate established a joint venture in Taiwan and China with a local joint venture partner. The corporate business and operational cultures and differed drastically. The parties were on the brink of litigation which would result in a no win situation for both parties.
We acted to bridge between the parties so they could each understand their cultural and business differences. Based on our mediation and communication efforts both parties were able to make an informed decision to part amicably.
The mutually satisfactory settlement result allowed both parties to dissolve the joint venture business and untangle the business and financial interconnections. Because our client is based overseas, we acted on their behalf in both China and Taiwan during the unwinding period to ensure smooth dissolution and resolution of all the interconnections.