Interim Injunctions in Joint Venture Disputes: Preserving the Status Quo
A litigation brief on securing emergency injunctions, asset preservation, and managing partner deadlocks in joint venture enterprises.
Joint venture (JV) partner conflicts can freeze company operations and lead to asset dissipation. Securing emergency interim injunctions is the primary tool to preserve the status quo during the dispute.
1. Section 32 Injunction Requirements
Under Section 32 of Law 14/1960, courts can issue injunctions if there is a serious question to be tried, a probability of success, and that it would be difficult to do justice at a later stage without the order. We compile comprehensive records to meet these criteria.
2. Types of Injunctions: Freezing and Mandatory Orders
We secure freezing orders under Order 35 to block unauthorized bank transfers, and mandatory orders to force partners to execute operational transactions, preventing business paralysis during litigation.
3. Resolving Deadlocks and Structured Buy-Outs
If the partnership cannot continue, we manage exit negotiations, coordinating asset valuations and structuring court-approved buy-outs to resolve JVs.
This briefing is prepared for general informational purposes and does not constitute direct legal advice. Clients are advised to complete independent compliance and conflict verification before making capital commitments.
Request Strategic Counsel
If your organization is facing a complex matter in this practice area, submit an initial briefing for a confidential partner-led conflict review.