Joint Ventures and Strategic Alliances
Every joint venture document is really a divorce agreement drafted while everybody is still optimistic.
What we do
We structure the venture, negotiate it and, when it comes to it, exit it. Choice of vehicle between a company, a limited liability partnership and a contractual arrangement, and the consequences of each for control, tax and foreign investment. Deadlock mechanics that actually break a deadlock rather than describing one. Reserved matters lists calibrated to the minority partner’s real concerns instead of to a template. Contribution obligations, funding defaults and the dilution consequences. Non-compete and exclusivity provisions drafted to survive scrutiny under Section 27 of the Indian Contract Act, 1872. Technology and brand licensing into the venture, and what happens to it on exit. Put and call structures, valuation mechanisms and the regulatory constraints on pricing where a foreign partner is exiting. We draft the exit before the parties fall out, which is the only time it can be drafted rationally.
Experience
The matters below are described without identifying the client, unless the client has consented in writing to being named.
