Joint Venture (Arabic Language – AED 400)
In an introductory section, we will define the Joint Venture, its types (corporate and contractual) and discuss its advantages and disadvantages. We will then explore the following topics:
The contractual Joint Venture: How to draft and negotiate a comprehensive Joint Venture Agreement? Discussion of the key provisions in a Joint Venture Agreement.
Samples of Joint Venture Agreements will be presented to the audience for discussion.
The Joint Venture company (JVC): The types of Joint Venture companies that are allowed in the UAE; the typical founding documents/formal requirements in order to validly constitute a JVC; Financing of the JVC; Possible forms of participation in a JV’s share capital; Dividend policy; Disposition and acquisition of shares; Parties’ liabilities; Parties’ control over the JV’s decision-making; Governance issues; Competition law considerations; Legal regime applicable to a JV termination; Dispute resolution.
A case study will be prepared for the audience’s analysis and discussion.
Highlight on the JV with a public sector body.
Decisions issued by the courts in the United Arab Emirates regarding joint venture will be referred to and discussed.