Joint Ventures & Partnerships
Disputes within joint venture and partnership arrangements can often arise and be particularly challenging and sensitive. We understand the avenues available, and the crucial need for prompt and decisive action to safeguard assets and ensure equitable entitlements for all parties.
Our team has extensive experience of litigation and the court systems in the UAE, as well as a strong international arbitration team. Where appropriate, we use tools other than litigation or arbitration, such as international arbitration, mediation, and expert determination, to resolve disputes in a way that supports the strategic and commercial objectives of our clients.
Risk management advice to pre-empt litigation and minimise the risk of disputes arising and/or becoming entrenched in litigation or arbitration is a further key area where our experts advise. With our established practice in this area, we act for public and private companies operating across all key industry sectors, as well as financial institutions, accounting firms, funds, and investment advisors, as well as Boards and Audit Committees, individual officers, and directors among others.
Representative Experience
- A confidential corporate client on the minority shareholders’ position in a joint venture arrangement relating to the ownership of a plot of land covering over 50 million square meters of prime development land in Abu Dhabi.
- A major oil and gas company in relation to the structuring and incorporation of a joint venture company between our client and another leading local oil and gas company.
- A leading Arabic entertainment company on a joint venture agreement with another party.
- The UAE-based representatives of a corporate entity on the establishment of a joint venture relationship with a Chinese-based counterpart regarding a digital payment platform.
- A UAE subcontractor in an arbitration with a joint venture of international entities being the main contractor.
- A multinational construction joint venture on an ICC Arbitration to a multi-million-USD metro project in the GCC.
- A high-net-worth healthcare professional and entrepreneur on a USD 5 million + long-running and unresolved complex accounting shareholder dispute, arising out of a highly profitable healthcare clinic established in Dubai, whereby we guided our client towards and through a successful mediation.
- An ultra-high-net-worth client in DIFC court proceedings in relation to an option right to transfer the entirety of a shareholding, which was being held on the client’s behalf by a nominee shareholder. The claim sought specific performance of the share transfer.
- A European technology company on local law aspects of the formation of a joint venture with a leading UAE energy company. The joint venture aims to develop and operate renewable energy projects in the UAE.
- A confidential client on the establishment of a joint venture relationship between UAE-based representatives and a Chinese counterpart for the purposes of launching an internationally successful digital payment platform at the Abu Dhabi Department of Economic Development.