In today's episode of Investing to Win, Garret Wong talks with Ataf Khokhar, managing partner of Lange Khokhar Law Corporation. Ataf Khokhar is an experienced business and real estate attorney who is well-versed in various legal matters.
His areas of expertise include commercial and real estate development, business acquisitions and sales, financing, restructuring, and drafting various agreements including shareholder agreements, partnership agreements, and stock purchase agreements. Ataf will share his journey, from his parents' immigration to Canada to pursuing a career in law. You'll learn what inspired him to name his son Kobe, after basketball legend Kobe Bryant.
He will then delve into joint ventures, explaining what differentiates a joint venture from a long-term partnership and what considerations are critical in creating a successful joint venture in real estate. You will learn why it is essential to consult a lawyer when negotiating joint venture agreements.
Ataf will also discuss various benefits and risks that should be considered in a joint venture, as well as some common mistakes that should be avoided. Disputes in joint ventures are usually resolved through mediation, arbitration, or litigation. He’ll discuss the above procedures and explain which one is often preferred. You will learn how to carefully plan exit strategies for joint ventures and why it is beneficial for all parties to agree in advance on the valuation process in the event of a split or event requiring an exit.
On a personal level, Ataf will share why it’s vital to improve continuously and become stronger in all aspects of life.
Join Garret and Ataf for an insightful discussion on joint ventures and personal development.
Enjoy!
What You'll Learn in this Show:
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