Joint Ventures Ashton Birch solicitors are highly experienced in advising and developing strategy for creation of a joint venture agreement.”
Joint Ventures are strategic arrangements between two or more organisations, national or international, coming together to share expertise and investments to achieve a common commercial goal.
Ashton Birch solicitors are highly experienced in advising and developing strategy for creation of a joint venture agreement or review existing terms, please use contact us to discuss in confidence.
There are a variety of way to structure a joint venture. A structure will be dependent on the objectives the parties and what they wish to achieve. This may result in incorporating a separate JV company, rely on terms of a Joint Venture collaboration agreement or there is a view to achieve merger or acquisition in the future.
Partnership: two or more parties come together to conduct business with a view of making profit. They will carry risks and liabilities on agreed partnership terms.
Limited Liability Partnership or Special Purpose Vehicle: two or more parties come together to invest in a project or services whilst maintaining distance from their individual organisations by forming a separate legal entity. Their profits from this arrangement will be from dividends and there will be separate shareholders agreements in place.
Contact: two or more parties come together to collaborate on terms agreed on investment, knowledge, expertise and profits between the parties.
There are a number of aspects that must be discussed and considered before entering a Joint Venture agreement: