Blog Bite: What are the considerations in allowing for a joint venturer to partially or fully exit (i.e., transfer ownership to a third party)?

This article posted on our partner site Mondaq.com discusses how time restrictions for sale, approval mechanism, allocation of risk among other things, are considerations for the entry and exit of new joint venture members.

Withdrawal of a member (without transfer) may trigger additional concerns and consequences.

This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!