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[Music] one of the issues that has always provided complexity and challenge is in the structuring of partial deals whether they be joint ventures minority investments its very easy when you have full control and you can cram down the brand or the culture or whatever the area is but what if there is a partial position much more complex and were certainly grateful to have this esteemed panel uh help us think through some of the really current issues and best practice in structuring joint ventures and minority investments and pleased to have george casey uh leading this discussion so take it away george thank you very much good afternoon uh we are very happy to be here uh maybe quick introduction um so we have a panel that actually represents a number of different industries right so hopefully well draw on experiences in different industries uh on joint ventures and minority investments uh andrew gratz uh is from lion del basel based in houston uh with a lot of experience in industrial