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  Business Joint Venture Legal Advice

Your business joint venture is an excellent opportunity to share risk, obtain needed technology, and secure market-critical management skills. At AbdulJaami, PLLC, we help you to get the most out of your joint venture, providing you with advice from your first decision (joint venture or partnership?) to risk mitigation through efficient structuring.

Help Obtaining Joint Venture Advantages

Your business joint venture may range from a relatively straightforward strategic alliance to a multiple-partner global joint venture. The difference is in the documentation. At AbdulJaami, PLLC, we assist you from the start, help you to draft your preincorporation agreement, also known as a memorandum of understanding (MOU) or letter of intent. The preincorporation agreement formalizes the intent of the parties to enter into the joint venture and helps to set the path forward.

Depending on the complexity of your joint venture, we will help you with your entity formation documentation. Whether your choice of entity is a corporation, limited liability company, limited partnership, or other form of entity, we help you to structure and form the entity in a suitable jurisdiction. We then assist with the joint venture agreement, and that agreement may be in the form of a shareholder, operating or partnership agreement.

If technology transfer is core to your joint venture, we assist with documenting licensing, distribution, and consulting agreements. We work with your professionals to get a good result and refer you to specialists when suitable.
Many people who enter into business joint ventures have questions in two particular areas: (i) joint venture liability; and (ii)structuring joint ventures. Our Learning Center contains two articles that address these topics and will be helpful to you.

Joint Venture Liability

Mitigating joint venture liability is key to the success of a business joint venture. Joint venture liability has an internal component (e.g. co-venturer) and external component (e.g. creditors). This article provides a brief overview of joint venture advantages and how joint venture law is used to reduce liability and maximize joint venture benefits. Effective mitigation through joint venture due diligence is discussed with a quick look at joint venture intellectual property. Finally, mitigation of joint venture liability in the international business joint venture context is surveyed. Call for more information about joint venture law.

Joint Venture Structure

Structuring a joint venture, particularly a global joint venture, can have a substantial impact on the its economic success. A threshold decision focuses on the type of joint venture: (i) contractual joint venture; (ii) corporate joint venture; or (iii) unincorporated joint venture. This “joint venture or partnership” decision impacts the joint venture structure. The management of a joint venture, how it is capitalized, and joint venture taxation all play a role in joint venture structures. Additionally, how you exit the business, or joint venture dissolution, can also affect its economic success. Call for more information about structuring your joint venture.

AbdulJaami, PLLC is a law firm that provides legal advice to business owners, entrepreneurs and investors. Our main areas of practice are business law, contract law and corporate law. Our business law practice includes advising on structuring joint ventures and mitigating joint venture liability.

For more information or to schedule a joint venture law consultation, call: +1 646 435 0668.
 
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