Joint Ventures
Structuring of joint ventures and rules governing cooperation among business partners.
A joint venture may be organized by contract or through a company, depending on its purpose and the form of the partners' participation. The design must clarify who contributes resources, who carries out activities and how results and risks are shared. Cooperation does not eliminate each participant's autonomy or automatically resolve antitrust issues. Information sharing, exclusivity and joint action must be assessed in light of the market and the structure chosen.
Legal advice covers governance, budgeting, additional contributions and treatment of deadlock situations. Ownership of technology, use of trademarks and the relationship with customers must be defined from the formation of the partnership. Rules on duration, exit and termination, including the allocation of assets and obligations, are also important. When the venture involves regulated services, it must be clear which entity performs each activity and which authorizations or consents are required to start and maintain the operation.
Our work
- Partnership agreements and corporate vehicles
- Governance, contributions and deadlock resolution
- Exit rules, asset ownership and termination
Does every joint venture require creating a new company?
No. There are contractual and corporate structures. The choice depends on the project and affects liability, governance, taxation and any regulatory and antitrust requirements.
Editorial review: