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A basic guide to the legal process: establishing a joint venture

Insight

Joint Ventures (JVs) are a useful medium for businesses wishing to pursue activities where they do not have all of the required expertise, resources or funding for the project. Whether a company is looking to diversify risk and control, combine expertise, save money, enter a foreign market or gain access to new resources, a JV with another party may provide the mechanism to achieve their goals.

A ‘joint venture’ is not strictly a legal term and can encompass a broad range of relationships between parties whereby they pool certain resources and share the rewards. This note is intended to outline the main principles that any party entering into a JV will need to consider. Your legal advisors will assist you in structuring and documenting the JV to ensure commercial objectives can be achieved whilst meeting the legal, regulatory and tax requirements of the venture parties.

You can view the guide by clicking here or the image below.

Choosing a business vehicle

If you require further information about anything covered in this briefing, please contact Jonathan Haley, Rosanna Martin, or your usual contact at the firm on +44 (0)20 3375 7000.

This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.

© Farrer & Co LLP, August 2020

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About the authors

Jonathan Haley corporate lawyer

Jonathan Haley

Partner

Jonathan is a corporate lawyer with outstanding specialist knowledge of partnership and LLP law. He works closely with clients across the professional services and private capital sectors, advising them on large transformational and business critical transactions.

Jonathan is a corporate lawyer with outstanding specialist knowledge of partnership and LLP law. He works closely with clients across the professional services and private capital sectors, advising them on large transformational and business critical transactions.

Email Jonathan +44 (0)20 3375 7552
Rosanna Martin lawyer photo

Rosanna Taylor

Associate

Rosanna advises private companies, private capital investors and high net worth individuals across a number of sectors, including fintech, real estate and leisure on a wide range of corporate matters including mergers and acquisitions, disposals, joint ventures, reorganisations and governance. Rosanna has experience advising on UK centred transactions as well as those with a cross border element particularly with European and US counterparties.

Rosanna advises private companies, private capital investors and high net worth individuals across a number of sectors, including fintech, real estate and leisure on a wide range of corporate matters including mergers and acquisitions, disposals, joint ventures, reorganisations and governance. Rosanna has experience advising on UK centred transactions as well as those with a cross border element particularly with European and US counterparties.

Email Rosanna +44 (0)20 3375 7202
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