We helped an American business that had contracted with a Chinese manufacturer to produce items
for them, but the proprietary molds and dies and tooling were with this contractor. The
contractor unfortunately went bankrupt. The first priority often times is how are we going
to pay the workers. Thatʼs the American rights holderʼs concern, but in this case the American
rights holder really needed to have its production continuing, so as a result they came to us
and said, “Weʼre sorry that this company went bankrupt but I really need to keep my
production going in order to make my target delivery date”. Through a series of correspondence
and discussions we explained the predicament and we said, “Is there any way we can get
this stuff out of the building so we can give it to the rights holder and he can find someone
else to manufacture and source the product?”. They were a little bit leery about all this
but we were successful in getting this out.