Joint Venture Agreements

In the diverse markets, in which we operate, it is common for companies formed by a group of individuals or companies to have a variety of purposes from commercial and business ventures to charitable ones. It is important that such ventures are properly constituted and documented in terms of the structure of the venture and the relationship between the parties to ensure that any future problems and disputes can be properly resolved by reference to the agreed and negotiated documentation.

Our corporate specialists understand that the objectives of each company are different and pride ourselves on our willingness to listen to our clients in order to fully understand their needs and requirements before engaging in the process.

Our corporate specialists assist in the formation of the entity whether it be a company or partnership, and draft bespoke documents to constitute the venture, which can be:

Such documents deal with the management of the venture, distribution of the profits, losses and capital, exit strategies, death or retirement of a party, sale of your share of the business and disagreement on decisions. The documents would be bespoke to the venture and the contributing parties’ requirements, and accordingly would cover all and any issues which the client or our corporate lawyers feel should be addressed.

Whilst it is prudent to have such documents drawn up from the outset, we appreciate that it is not always possible to envisage medium to long terms plans, and therefore the above structure can be implemented at any time (preferably before the occurrence of a dispute).

Our corporate team often works in cross-departmental teams with employment, commercial real estate and private client (to help you plan your exit strategy and protect your legacy) as appropriate and external tax advisers to put you in the best position in terms of developing the business and/ or succession planning.

Should your business structure involve an international element, our team has a wealth of experience to undertake such international commercial work.

To talk to one of our corporate solicitors, call us today in confidence on 01895 207264. Alternatively, you can send an email to corporate@ibblaw.co.uk.

 

 


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