JOINT VENTURE AGREEMENTS



Joint ventures (JVs) are collaborative business arrangements between two or more parties to establish and operate a new business venture or project. These arrangements typically involve shared ownership, management, and decision-making responsibilities, with the aim of achieving common objectives and maximising overall benefits for all parties involved.

Each joint venture will be different, tailored to the requirements of the parties and the objective of the venture.The most common form of jv is where the parties set up a new limited company for the project. A shareholder agreement and/or changes to the company's articles of association will be essential in this situation (see below)

 Our lawyers are highly experienced and practical so please do call or email us to discuss your needs and how we can assist.

Joint ventures are particularly suitable for businesses that:

Key considerations for a Joint Venture Agreement

Although each JV is unique, the negotiations, legal considerations and work involved will commonly include :-

Other items to consider with a JV Agreement

As well as specific items in relation to the various parties’ interests the agreement will also be likely to cover some of the following:

  1. Any required licenses and consents for the Joint Venture business..
  2. Restrictions on the shareholders competing with the joint venture company potentially including for a period after exit.
  3. Due diligence checks.

 




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Legal 500
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Law Society Personal Injury
Modern law awards winner 2023
Law Society Conveyancing Quality
The British Conveyancing Awards - Rebecca Kelly
The British Conveyancing Awards - Mustafa Hassan
ISO 27001
ISO 9001
LEAP Modern Law Conveyancing Awards
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