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Share Transfer

Share transfer arrangements are a common feature of Joint Ventures. Done well, they allow greater certainty between JV partners, are beneficial when looking to resolve deadlock or dispute situations, and can assist a JV partner to exit on agreed conditions.

This module examines the joint venture contract mechanisms relating to share transfer that those involved in delivering global mega infrastructure projects via JV should think about.

Mr Shenying Peng

General Counsel, Powerchina International Group Limited

A shareholder loan arrangement will be useful, especially for projects requiring local investors and minimum local shareholding interest

Key Considerations

  • Lock-in Periods
  • Right of First Refusal
  • Call Option/Put Option
  • Triggers
  • Conflict of Options
  • Valuation
  • Drag-along/Tag-along Right
  • Limitations on Drag-along Right
  • Limitations on Tag-along Right
Wei Liu

Wei Liu

Partner

Share transfers are one of the most common issues in Joint Ventures, but can often be overlooked

Meet the team

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Christopher Neal

Senior Associate

Christopher works cross-sector, advising national, regional and international private and publically listed companies, on their corporate transactions and company law. He specialises in domestic and international mergers and acquisitions, joint ventures, company restructurings, and company route-to-market issues in the UAE and wider GCC.

Christopher Neal Sept_2019
Ewan Robertson

Partner

Qualified in Australia and the UK and with US and other international experience, Ewan's expertise covers national and cross border mergers and acquisitions and other corporate transactional matters including joint ventures and strategic partnerships as well as equity fundraisings and private equity, reorganisations and reconstructions and general commercial advisory work.

Robertson Ewan
Julia Maguire

Partner, Head of Client Relationships - Energy

Julia is a transactional construction partner focussing primarily on energy projects both in the UK and overseas.

Maguire Julia
Penny Simmons

Legal Director

Penny specialises in tax risk management and works closely with large corporates to help them manage their exposure to various tax risks.

Simmons Penny

Out-Law / Your daily need to know