Legal Due Diligence In Joint Ventures
If you or your company is looking to set up a joint venture with other companies or individuals, Blackstone Solicitors can provide all of the expert legal assistance you need and advise on the legal due diligence process that is required. We have considerable experience in this area of law and can advise you throughout the process. We can also help with any relevant documentation to ensure you achieve everything you are hoping to through any agreement you make.
Speak to our joint venture solicitors today to find out more about how we can assist you and your business. Call us on 0345 901 0445 or allow us to call you back by completing our online enquiry form.
We place a huge emphasis on getting things done properly and efficiently. This is also true when providing legal advice concerning joint ventures; we have vast experience of drawing up joint venture agreements in various industry sectors, doing so comprehensively and ensuring all of the necessary provisions for each party are properly set out, fulfilling every aim and objective. Legal due diligence is central to the process and where, for example, assets and a business are being transferred by one party (Transferor) to the joint venture company (JVC), the other party or parties (Non-transferring parties) will want to ensure, amongst other things, that:
- the Transferor has a good title to the assets
- the assets are in a good working order and their value is as to be expected
- there is no security over the assets and no third party consents are required
The parties will want to identify any potential risk areas and deal breakers before entering into any JV agreement (JVA).
Regardless of the size of your company and the complexity of any proposed joint venture our solicitors have the experience and specialist knowledge to help you achieve an outcome that is both fair and beneficial. We will take the time to make sure you fully understand the agreement and its objectives, as well as what is expected of each party to the joint venture.
Why Legal Help is Important
A joint venture is defined as a commercial arrangement between two or more participants who cooperate with the aim of reaching an agreed business goal. Joint ventures can be complex and it is therefore essential that the terms are in your best interests and the joint venture agreement is drawn up in such a way that it meets your particular objectives.
At Blackstone, we can help to ensure the agreement is fair and gives you the very best chance of achieving the outcome you are looking for. Joint ventures can cover a wide range of collaborative business arrangements, each with their own specific requirements and intricacies. It is therefore imperative that you seek expert legal help to ensure any joint venture you are involved in, whether as a co-owner or an investor, is suitable and correct and that thorough legal due diligence is carried out prior to any agreement.
We provide various services for individuals and companies looking to set up a joint venture with one of the key considerations being the due diligence process. As in an acquisition, risk management will be one of the fundamental concerns of potential joint venture (JV) parties. Each party will want to protect its investment and obligation in the JV and will want assurances that every other party involved in the agreement will be able to fulfil its obligations under the arrangement. The outcome of the due diligence process will determine whether or not the parties wish to proceed with the proposed JV including advising on the agreements and ensuring everything is completed thoroughly, accurately and is in your best interests.
Get in Touch
Find out more about our services and how our joint venture solicitors can help you and your business by getting in touch today. Simply call us on 0345 901 0445 or complete our online enquiry form and a member of the team will call you back at a convenient time.
We are able to help business throughout the North West – including Manchester and Chester – as well as the rest of the UK, from our offices in Cheshire and London.