Skill

legalcode-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.