Laga-SKILLs

Joint venture agreement

Drafts and reviews joint venture agreements covering governance structure, board composition and voting thresholds, capital contributions, profit and loss allocation, management rights, deadlock resolution mechanisms (Russian roulette, Texas shoot-out, expert determination), non-compete obligations, exit strategies (put/call options, ROFO/ROFR, shotgun clauses, tag-along/drag-along), intellectual property ownership and licensing (background IP/foreground IP), and dissolution procedures. Addresses tax structuring implications across entity types. Primary coverage: US (Delaware LLC and C-Corp structures), UK (England and Wales companies/LLPs), EU (cross-border JVs and merger control), and India (Companies Act 2013 / FEMA compliance). Use when drafting a new JV agreement, reviewing a counterparty's JV draft, structuring a corporate joint venture, evaluating deadlock provisions, or assessing exit mechanism enforceability. Also triggers on "shareholder agreement for JV", "joint venture partnership agreement", "50/50 joint venture", "co-venture agreement", "JV governance", "consortium agreement with equity", or any arrangement where two or more parties co-own an entity or project and need governance rules.