When you bring two entities together to operate jointly, there are several difficult issues to analyze. For the U.S. company operating under the FCPA, there must be an adequate business justification for a JV with a specific partner, all in writing and approved by an appropriate level of the organization. This is where the due diligence process comes into play.
Three key See more +
When you bring two entities together to operate jointly, there are several difficult issues to analyze. For the U.S. company operating under the FCPA, there must be an adequate business justification for a JV with a specific partner, all in writing and approved by an appropriate level of the organization. This is where the due diligence process comes into play.
Three key takeaways:
1. JV due diligence must focus on the unique risks.
2. Ask for a detailed list of information from your potential JV partner.
3. Be sure to do onsite investigation of your potential JV partner. See less -
