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.