Managing Misalignment in Joint Ventures

DECEMBER 2022 – Group endeavors are inherently prone to deadlocks and disputes; joint ventures and partnerships are no exception. Ideally, JV contractual agreements would be structured to manage those misalignments as they emerge, but most agreements typically use boilerplate dispute resolution language. Gain practical insights and discover contractual terms that can help you avoid and resolve partner misalignments based on our benchmarking of dispute-related terms in more than 100 JV agreements.

Read the full article in Negotiation Journal.

About the Authors

James Bamford

James Bamford is a Senior Advisor at Ankura based in Washington, DC. He joined Ankura with the firm’s 2020 acquisition of Water Street Partners, which he co-founded in 2008. Water Street Partners has been independently ranked as the number one global advisor on joint ventures since 2017. Prior to Water Street, he was global co-lead of the Joint Venture & Alliance Practice at McKinsey & Company.

Lois Fernandes

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.

Tracy Branding Pyle

Tracy Branding Pyle is a Managing Director at Ankura who specializes in helping organizations navigate complex transactions, and, in particular, joint venture-related transactions. She works with a wide array of U.S. and international companies across industries to help them structure, negotiate, approve, and launch joint ventures to set these ventures up for success. She additionally advises on governance of individual joint ventures and portfolios of joint ventures to help companies to minimize risk, increase efficiencies, and find value. Prior to joining Ankura, Tracy practiced law at Hogan Lovells, where she advised clients on joint ventures, public and private mergers and acquisitions, and corporate governance matters. Tracy is based in Washington, DC.

Managing Misalignment in Joint Ventures

Authored By

About the Authors

James Bamford

Lois Fernandes

Matias Litewka

Tracy Branding Pyle

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