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Aspiring Lawyers - Applications & General Advice
Applications Discussion
Ask 3 future trainees (Magic & Silver Circle, International Elite) ANYTHING! *New TCLA Team Members*
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<blockquote data-quote="Jacob Miller" data-source="post: 66849" data-attributes="member: 5063"><p>JV's can take a massive range of structures. They can be purely contractual or they can be in an SPV format - the SPV format is probably most common as it allows the stakeholders to use entity shielding and judgement proofing as they wish. Where an SPV is used, the substantive structure and management of the JV will be contained will be contained either in the SPV's articles or in a separate shareholders' agreement with a supremacy clause. In some areas (for example, oil and energy JVs), there are various standardised contracts available which are the most commonly used and are administered by international regulatory and quasi-regulatory bodies.</p></blockquote><p></p>
[QUOTE="Jacob Miller, post: 66849, member: 5063"] JV's can take a massive range of structures. They can be purely contractual or they can be in an SPV format - the SPV format is probably most common as it allows the stakeholders to use entity shielding and judgement proofing as they wish. Where an SPV is used, the substantive structure and management of the JV will be contained will be contained either in the SPV's articles or in a separate shareholders' agreement with a supremacy clause. In some areas (for example, oil and energy JVs), there are various standardised contracts available which are the most commonly used and are administered by international regulatory and quasi-regulatory bodies. [/QUOTE]
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Aspiring Lawyers - Applications & General Advice
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Ask 3 future trainees (Magic & Silver Circle, International Elite) ANYTHING! *New TCLA Team Members*
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