Lead Contributor
Wei Liu
Partner
Share Transfer
Share transfer arrangements are a common feature of Joint Ventures. Done well, they allow greater certainty between JV partners, are beneficial when looking to resolve deadlock or dispute situations, and can assist a JV partner to exit on agreed conditions.
This module examines the joint venture contract mechanisms relating to share transfer that those involved in delivering global mega infrastructure projects via JV should think about.
Mr Shenying Peng
General Counsel, Powerchina International Group Limited
A shareholder loan arrangement will be useful, especially for projects requiring local investors and minimum local shareholding interest
Key Considerations
- Lock-in Periods
- Right of First Refusal
- Call Option/Put Option
- Triggers
- Conflict of Options
- Valuation
- Drag-along/Tag-along Right
- Limitations on Drag-along Right
- Limitations on Tag-along Right
Wei Liu
Partner
Share transfers are one of the most common issues in Joint Ventures, but can often be overlooked
Meet the team
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Akshai Fofaria
Partner
Akshai leads the firm's global mining group and its African oil & gas team. He has extensive advisory experience in London and Paris on acquisitions & disposals, joint ventures, state contracts and commercial arrangements across the energy lifecycle.
Julia Maguire
Partner, Head of Energy
Julia focusses on energy and infrastructure projects. She is a transactional construction specialist focussing primarily on energy projects both in the UK and overseas, advising clients on procurement and contracting strategy and implementation.
Christopher Neal
Legal Director
Christopher works cross-sector, advising national, regional and international companies, investors and business owners, on their corporate transactions and company law in the UAE, Saudi Arabia and wider GCC. He specialises in private M&A, joint ventures, and company reorganisations.
Ewan Robertson
Partner
Qualified in Australia and the UK and with US and other international experience, Ewan's expertise covers national and cross border mergers and acquisitions and other corporate transactional matters including joint ventures and strategic partnerships as well as equity fundraisings and private equity, reorganisations and reconstructions and general commercial advisory work.
Penny Simmons
Legal Director
Penny specialises in tax risk management and works closely with large corporates to help them manage their exposure to various tax risks.
