Memorandum of understanding: international joint ventures

A memorandum of understanding relating to a two-party proposed 50:50 international joint venture, where both parties intend to contribute existing businesses to a newly formed joint venture company. This document has been adapted from Practical Law's UK version to provide a plain English, jurisdiction-neutral starting point for local counsel to adapt for use in cross-border transactions. The document has integrated drafting notes discussing the key legal, negotiating and drafting issues.


 

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