Joint Ventures
Joint Ventures Legal Advice
Joint Ventures (JVs) between two or more organisations can be a very effective and profitable way of combining various strengths of the participants in a common commercial objective where it would be difficult or not economically viable if one of the organisations were to attempt it on its own. Whilst the combining of resources on a JV can often be beneficial, it is prudent for the participants to consider all aspects of the venture including the finance, resources and management as well as the distribution of profit, the possible liabilities, and when a JV should come to an end.
Our experience on joint ventures
Our corporate and commercial teams are experienced in advising clients of a wide range of different types of joint ventures, from the property sector to general commercial sectors to financial institutions to educational establishments, public authorities and charities.
About our work with joint ventures
Joint ventures require clients to consider such things as:
- the structure of the JV (whether partnership, LLP or newco)
- how the JV will be funded
- who will run the JV and how important decisions will be made
- how income will be divided between the JV partners
- how assets and liabilities will be divided
- in what circumstances the JV will end
We can guide you through the numerous considerations to be borne in mind when considering the best course of action for your business or organisation.
Call us now on 0870 1500 100 to arrange a consultation, or use the links above to drop us a line.