Joint Ventures solicitors in London and Essex
It is common for businesses to join forces and embark upon a joint business venture involving the pooling of resources for the mutual benefit of the parties to it.
We advise on a wide variety of joint ventures including how they should be structured and safeguarding the commercial interests of the parties by drafting and negotiating the suite of legal documentation.
Although joint ventures have no specific meaning in English law, a joint venture will generally be structured in one of the following ways:
- Special purpose vehicle (SPV) – where a new limited company is set up for the purposes of operating the joint venture business. Each party to the joint venture either contributes its own resources to the SPV or transfers its interest to it; this will depend on the terms that have been agreed.
- Collaboration or co-operation agreement – no SPV is formed and the relationship between the joint venture parties is purely contractual.
- Partnership (or limited partnership) or limited liability partnership (LLP).
Choosing a legal structure will depend on a range of issues that are specific to the parties involved.
Our unique selling point is that we understand what clients want from their lawyers. We will manage your case proactively, with careful attention to detail while never losing sight of the bigger picture.
While working with us you will have access to our strong network of other professionals such as accountants, independent financial advisers and bankers.
We offer a range of pricing options and will be happy to discuss these with you. As a client-centred law firm, we will be transparent with you about our pricing and actively manage these in line with our agreements.