A joint enterprise contract is legally binding in most jurisdictions and can be used by the courts to claim damages if one of the parties departs from contractual terms. A partnership usually involves a single corporation owned by two or more individuals, while a joint venture agreement covers a short-term project between several parties. The terms “joint venture” and “partnership agreement” are sometimes mixed, but do not relate to the same thing. Our lawyers have a long history of forging joint ventures and strategic alliances. We regularly assist our clients in planning and implementing complex consolidations and disaffiliations of critical companies and systems. We are also good at helping our customers create new business lines and revolutionize old ones. With many successful projects that we need, our clients have relied on us as trusted advisors for the structuring and success of these projects. We can help you:- The joint venture created by this agreement (the “Joint Venture”) will manage its activities under the name [JOINT VENTURE NAME] and have its address registered to [ADDRESS]. The joint venture is considered in all respects as a joint venture between the contracting parties and, under no circumstances, this agreement can be construed as ensuring a partnership or other loyalty relationship between the parties. We are highly qualified to bring together parties with different strengths and common goals. We assist our clients in structuring the owner, advise the relevant tax implications and negotiate and design all related documents, including LLC and partnership agreements. In particular, we have developed expertise in Delaware Limited Liability Corporate Law, which typically uses demanding investors for joint ventures.
We are experts in securities laws that regulate capital acquisition activities for joint ventures, including the crowdfunding and reg-D advertising rules that arise from the recent federal JOBS Act. We represented Footstar, Inc. in the creation of a joint venture to facilitate the acquisition of CPEX Pharmaceuticals, Inc. (NASDAQ: CPEX), a specialty pharmaceutical company, in a transaction valued at approximately $76 million. The transaction was financed by a combination of equity and debt. Sign a joint venture agreement if you intend to pool resources with another entity to pursue a common goal, especially when it comes to sensitive information or incentive agreements. CONSIDERING that the parties wish to create a joint venture between them in order to cooperate in [JOINT VENTURE DESCRIPTION], joint ventures and strategic alliances can facilitate a company`s ability to respond to dynamic business environments and successfully achieve critical business objectives. Although they are notoriously difficult to structure and negotiate, working with qualified consultants in joint venture law is a decisive first step in ensuring potential success.
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