New Ventures/Joint Ventures

Our “Ventures” practice covers a broad range of legal disciplines. In new ventures, we counsel entrepreneurs, family-owned businesses and business organizations in many aspects of start-up and expansion, operations and governance. We advise on choice of business entity, structure of the formation, type of governance and ownership, funding, operational matters, expansion/acquisition options, dissolution and succession and exit planning.

Joint ventures are strategic alliances between business “partners.” Each provides assets or resources to the relationship for mutual profit and shared risk. This relationship is normally short-term, but can bridge gaps, accelerate growth and increase valuation through consolidation. Joint ventures involve many issues similar to new ventures, but may have unique governance rules in cases of 50-50 joint control.
We assist you in deciding how your proposed business model fits your strategic and financial goals by comparing models, collaborating with you to identify your options and helping you balance your strengths and opportunities against your weaknesses, threats and risks.

We advise clients on addressing key considerations involving:

• Tax efficiency
• Intellectual property, its ownership and exploitation
• Capitalization and funding; corporate finance
• Governance, management controls and corporate accountability
• Risk allocation, mitigation and insurance
• Sourcing of supply and delivery of goods and services
• Employment, stakeholder democracy, fiduciary duty and representative party roles
• Dispute resolution mechanisms and exit strategies and procedures
• Real estate: physical and virtual