H & S has assisted a client in performing and analyzing incredibly time sensitive due diligence focused on the possible acquisition of the worldwide intellectual property and other assets of a family of businesses with operations in California, South America, the Pacific Rim and the European Union. These companies were in receivership in California. In the process, we uncovered deal threatening weaknesses in the receiver’s control over key assets outside of the United States and assisted in developing a strategy to remedy the same. Ultimately, the transaction did not proceed because of the occurrence of unanticipated overseas events. We acknowledge the timely assistance of ALFA International Global Legal Network in this project.