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Reliance Industries - Vornado JV

US$500.00 m
  • Entry date - Thursday, 11 September 2008
  • Jurisdiction - India
  • Practice - Banking, FDI
  • Reliance Industries - Vornado JV

  • Firm
    Fox Mandal Little
  • Client
    Vornado
  • Lead Lawyers
  • Role


DEAL SUMMARY

Vornado Realty Trust, a US real estate company, formed a 50:50 joint venture Reliance Industries to set up real estate development projects including malls and shopping centres in India.


FoxMandal Little (FML) advised Vornado on finalising the joint venture agreement along with ancillary documentation of the joint venture company.


FML also negotiated with Armachand Mangaldas on the structure and operations of the joint venture company as well as finalising the closing requirements for the transaction.


 


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