Lois D’Costa Fernandes is a Senior Director at Ankura, where she leads the firm’s research and analytics on joint ventures and partnerships. Previously, Lois was a founding employee of Water Street Partners and prior to that was a core member of the Joint Venture Practice at McKinsey & Co. She has authored numerous articles on joint ventures and partnerships, including in MIT Sloan Management Review, Harvard Law School Forum on Corporate Governance, and the Journal of World Energy Law & Business.
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Our analysis of more than 150 licensing agreements between joint ventures and their shareholders shows lower royalty rates compared to industry medians – and much more creative structures
Many joint venture agreements have flawed dividend and distribution policies. Here’s what to do about it.
