Joint Ventures

Joint ventures can work on a number of levels depending on the project involved. They range from basic proposals of financial investment to more strategic alliances, bringing together expertise, assets and resources.

Our work on joint ventures includes not only the drafting and negotiation of joint venture agreements and bespoke constitutional and structural documentation, but also related transactions such as intellectual property, service agreements, lending, security and the transfer or novation of assets and contracts. We understand the commercial issues that frequently arise when dealing with potentially disparate interests albeit with a view to combining for a common purpose. As a result of our considerable experience in this area we are well placed to help our clients to achieve their objectives and maximise the benefits arising from these ventures.

Recent work

• We dealt with the preparation of a complex joint venture / shareholder agreement. This contained complicated “commission” provisions (as the new company was the amalgamation of two competing businesses) and a put and call option in relation to one shareholders’ shares.

• We have advised a considerable number of companies on joint venture agreements between non-UK companies and UK businesses, as well as advising on a number of joint venture