Partner and Head of Wills & Estate Planning at Andrew & Co Solicitors Helen Newson writes...
There are many occasions when companies can work profitably together, bringing various skills and assets to a project.
One may have the land, the other the development expertise, or one may have the intellectual property for a new process, while the other has the people and resources to bring it to fruition. If both wish to remain involved this may be done through a special purpose vehicle a company set up and owned by both. Our corporate commercial team can form the joint venture company and advise and draft the joint venture agreement. We will discuss with you the make up of the board, levels of decision making, exit strategies and dispute resolution.
If you would like further information or to make an appointment with a member of our Corporate & Commercial team, please contact us on 01522 512123 (Lincoln) or 01636 673743 (Newark).