Joint ventures can be simple 50 / 50 partnerships with mutual decision making through to complex arrangements with multiple parties and international scope.
We have experience all forms of joint ventures and are well versed in the legal and commercial issues that need to be agreed and documented ahead of the JV taking effect. It’s all too easy to skirt over formalities when you have an exciting business venture ahead of you, but assuming that significant funding sums are involved and that real capital value will be created, it is essential to get the contracts correct up front.
It is also important to ensure that you have covered all angles and have taken into account taxation, IPR ownership and employee issues. We have experience within the firm to give a complete range of advice in relation to all aspects of joint ventures.