Our Commercial & Company solicitors advise upon every aspect of business joint ventures.
People or companies may decide to combine their talents and resources in a joint venture, for the purpose of a specific, new business.
Our Commercial & Company lawyers assist our clients in the formation of a joint venture company including the drafting of a joint venture agreement and other necessary documentation.
Where two or more such parties come together for a business purpose, it is vital that the rights and obligations of each are known and understood at the outset. Specifically, if the joint venture is owned on a 50:50 basis, then there must be a clear mechanism for the resolution of a “deadlock” situation. All of this can be achieved in a properly-drafted joint venture agreement, which our Commercial & Company lawyers regularly provide for our clients.
