The other day, I spoke with a North American company that was seeking to get its tooling back from its former Chinese manufacturer. This company’s domestic American lawyer had drafted a manufacturing contract with the Chinese manufacturer that was completely silent regarding ownership of the tooling/molds. When the American company started getting bad product from its… Continue Reading
Tag Archives: molds
The China Slowdown And Extracting YOUR Assets/Product/Equipment/Molds
Posted in China Business, Legal NewsI am in the process of writing an article for a leading publication on the things I am seeing that tell me China’s economy is cooling. The statistics from China seem to be saying everything is just fine, but man, all I can tell you is that my firm has been absolutely inundated with matters… Continue Reading
Want Your China-Based Molds? You’re Probably Too Late For That.
Posted in Legal NewsEvery few months we get a frantic call from someone wanting our “immediate” help in getting them their molds back. These situations usually present themselves as follows: Small to mid-sized company (“SME”) has spent $25,000 to $250,000 building a mold(s) for manufacturing their product in China. SME provided this mold to its one Chinese supplier… Continue Reading
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