Exit Strategies & Closure Management
In China, if your JV partner is becoming difficult and unwilling to cooperate; or if you are losing control over operations and employees; or if the JV partner delays in approving a dividend distribution; or if you are asked to increase your capital contribution, it could be a warning sign that your investment is heading for trouble.
Exit & Recovery Services
Our team is experienced in advising investors on the most appropriate course of action in a situation where the performance of an investment is deteriorating and/or the investor is losing control of operations, particularly in the case of joint venture operations. We are able to advise on the most appropriate strategy for a successful resolution of the situation to ensure the return is maximised or any loss minimised and the client’s reputation is safeguarded. We are experienced in dealing with JV partners and employees, so as to gain maximum leverage out of the limited tools available to exit investments in the Mainland.
Closure Management
We offer a full range of closure management services which help clients to properly wind down a business in a timely and effective manner.
Our services cover the following:
- acting as the Lead Project Manager to assist with the orderly close down of a business or its operations
- prioritising work and coordinating multi-disciplinary advisors so as to ensure that the relevant concerns (e.g. audit, tax, legal etc.) have been properly attended to and the relevant services will be delivered in a consistent and timely manner
- advising on employee entitlements
- assisting in dealing with suppliers, landlords, employees, creditors, debtors, customers etc.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/cn/en/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
