Joint Ventures

Our firm provides comprehensive legal assistance to clients across all industries with respect to the structuring and negotiation of equity and contractual joint ventures. We have significant experience in the formation and documentation of limited liability companies and have developed a Joint Venture Handbook to assist our clients in considering the major negotiating points involving equity joint ventures, including:

  • Pre-formation issues
  • Financial obligations and capital requirements
  • Cash distribution provisions
  • Allocations of profits and losses
  • Decision making (governance and control)
  • Default remedies
  • Transfer restrictions and exit mechanisms
  • Venturers as vendors, customers and employees
  • Securities offering matters
  • Antitrust matters
  • Governing law selection

Please feel free to contact us to request a free copy of the Joint Venture Handbook.

Our equity joint venture clients include energy companies, health care providers, private equity investors, sports and entertainment clients, and real estate developers, and we involve lawyers with specialized industry expertise as required for any joint venture.

Our firm structure gives clients seamless and cost-effective access to legal experience in all areas affecting the operation of an equity joint venture. For example, in our legal work on health care equity joint ventures, we may draw on our broad experience in health care regulation, limited liability company structures, securities offerings, tax, real property acquisition or leasing and general corporate matters.

A contractual joint venture may involve requirements contracts, joint product development agreements, long-term management arrangements, licensing arrangements and other contractual mechanisms pursuant to which two separate businesses forge a relationship that is stronger than an ordinary vendor/purchaser relationship.

Our joint venture lawyers assist in the negotiation of pre-formation agreements, where the structure and timing of the joint venture formation is determined, and then proceed to negotiate and document all joint venture transaction documents. Our joint venture practice also advises clients in disputes relating to existing joint ventures and in the negotiation of exits and restructurings of joint ventures that are experiencing problems.