Joint Venture Agreements
Joint Venture Agreements
Joint Venture Agreements are made between two or more parties to achieve a common business goal. Entering into a joint venture agreement usually benefits both parties as it allows the parties to share experience, risk and liability.
Joint ventures can take a number of structures; these typically include setting up a new company specifically for the joint venture agreement (a Special Purpose Vehicle or SPV); a partnership; or a collaboration agreement.
No specific laws relate to joint venture agreements but they are subject to a variety of laws concerning Corporate and Partnership law, so it pays to get the advice of a commercial solicitor. Within the agreement you might want to include details on the financial obligations of each party, the structure and objectives of the joint venture, the creation of intellectual property, how disputes will be handled and an exit strategy.
Why use Rotheras for Joint Venture Agreements?
At Rotheras our commercial team understand that your circumstances will be unique and you need a joint venture agreement that is tailored to your needs, so we will work with you to ensure the joint venture agreement fulfils your aims and objectives.
We can advise you on contractual joint ventures as well as formal incorporated joint ventures.
We can advise you on the range of joint venture structures available.
We can help businesses of various sizes in a variety of sectors.
We can help you draft a joint venture agreement or review an existing agreement.
We can advise you on managing or exiting a joint venture agreement.
We can assist you if you want to make an amendment or extend a joint venture agreement through an addendum, supplemental agreement or deed of amendment or variation.
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Jason specialises in all aspects of commercial law including company and business sales and purchases, commercial contracts, company secretarial, partnerships, shareholder rights and much more.
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Millie Moreton is a paralegal in Rotheras commercial and dispute resolution departments and is based at our Lace Market office.
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Posted on 02/22/2021