By discreetly drawing on a network of experts from across the region, PSA was able to identify that the partner CEO was well connected and ideally positioned to deliver on their required aspects of the partnership. However,
The CEO's past revealed a longstanding pattern of questionable deals;
His firm had also received questionable government funds for contracts despite not performing its obligations, leading to an unquantifiable and open-ended liability and other concerns;
The CEO personally--and his firm generally--had several community relations issues near the site of the assets to be provided;
The CEO was previously involved in similar joint ventures in which the firm had collected money directly from partners before abandoning the projects, which resulted in litigation and arbitration cases in multiple countries;
And most critically, the assets the CEO was intending to provide to the client were the same assets which were the subject of ongoing litigation.
Working with the client’s regional counsel, PSA was able to provide direct intelligence that quantified the risk of government recovery action as negligible, assessed and dismissed potential community opposition to the deal, advised the client on tactics to support the movement of the transaction elements into a special purpose vehicle within a nearby common law jurisdiction, obtained and then independently verified proof of asset ownership. Based on these actions the client was able to effectively de-risk a lucrative but high-risk transaction within a complex socio-political jurisdiction in which recovery would not have been possible.