The simmering dispute between Wahaha, one of China’s largest beverage makers, and Groupe Danone, the French food conglomerate, has once again placed the relationship between domestic and foreign joint-venture parties in China under the spotlight.
Similar to a marriage, joint-venture relationships can make for a perfect match at the beginning, only to take a wrong turn, for one reason or another, years later and wind up with one or both parties looking to escape the arrangement. In an effort to avoid the Wahaha and Groupe Danone situation, a well-drafted joint-venture contract should address many of the key concerns of the parties, including proper exit strategies when the joint-venture entities are no longer satisfied with each other’s cooperation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
