Our Business and Finance Group is widely recognized as one of the finest in the region. Whether you are executing a bet-the-company transaction or simply updating your standard employment forms, you will have the full attention of an experienced lawyer who asks the questions that haven’t occurred to you yet, who commands a whole spectrum of ways to engineer contract terms to address the issues specific to your business, and who knows how to negotiate – and how to close – to achieve your objectives.
Joint ventures (JVs) and strategic alliances occur in countless forms and transaction sizes. During periods when there is uncertainty in the capital markets, JVs and similar transactions are often used as alternatives to conventional acquisition deals.
We have provided advice and counseling on JVs ranging from newly-created entities that are the recipients of $500 million cash and asset contributions from the public company partners, to teaming arrangements involving two closely-held service businesses pursuing a major contract.
Our business lawyers understand that JVs are often undertaken to accomplish specific business objectives and we work diligently to gain a clear understanding of our clients’ goals and concerns – both long- and short-term – when we are engaged for these transactions.
Our IP lawyers can provide advice in connection with JV licensing arrangements when the parties have business or contractual reasons that prevent or limit outright transfers of proprietary assets to the new venture.
Because JVs and strategic alliances are typically intended to create a working relationship between the parties for some period of time (as opposed to a one-time transaction), we ensure that the structuring of the business relationship allows the parties to jointly manage the venture and resolve deadlocks and other disputes, while accomplishing the intended operational or financial goals. Before our clients enter into JVs or strategic partnerships, we provide the crucial advice regarding the arrangements for separating the parties and their assets when the venture ends. By planning for an exit from the start, we can help our clients mitigate the risk of litigation at the end of the business relationship.
Our business lawyers have completed JVs and strategic alliances across a broad range of industries – from telecom, food, healthcare, government services, water, professional services to technology. Detailed examples of JVs are contained in our various industry and business sector practice descriptions.