Part 1 of this series will focus on reconceptualizing the collective risk framework used in nonoperated ventures, while Part 2 will focus on closing gaps in operator due diligence, contract drafting, and ongoing governance.
The purpose of this document is to illustrate the practices used by some successful Parent companies to meet the standards of anti-corruption regimes while selecting a partner
The purpose of this guide is to outline a process to identify potentially obscured areas of misalignment in a joint venture, and to develop potential remedies that can be incorporated into deal terms and other pre-close agreements. Illustrate a case study of misalignment scenario planning.
The purpose of this note is to describe the JV Misalignment Scenario Planning tool and how it works.
This document is a compilation of some of the interesting processes and tools that companies use to screen and shape partnership transactions.
Observations from Water Street’s ninth annual London roundtable on JV portfolio governance.
The purpose of this note is to describe how companies go astray with the Shareholder Representative role, and to outline workable models when companies want to designate a Shareholder Representative.
The purpose of this note is to illustrate important decisions that are generally undefined within venture agreements, to show how a “default setting” for voting can be a powerful lever for companies in certain situations, and to introduce other remedies to deal with undefined decisions in venture agreements.