Considering a joint venture? Getting it right from the start

A joint venture can be an extremely flexible, effective way for your business to grow – combining forces, expertise and investment with another party to accelerate delivery, enter new markets and bring in funding or specialist capability.

Wards Solicitors’ specialist team will make sure you get the foundations right from the beginning by developing an effective legal and commercial framework which is right for your business.

This includes:

• Overseeing sensitive negotiations.
• Establishing the right legal structure.
• Putting workable governance in place.
• Setting up profit agreements and deciding how value will be released over time.
• Ensuring your rights are protected if the venture doesn’t go as planned.
• Making sure you secure any crucial investment needed.

How can Wards help?

Partner Marina MacLennan, Head of the Corporate and Commercial Team, is experienced in joint venture agreements and assisting individuals, partnerships and companies, particularly Small and Medium-sized Enterprises (SMEs), with all aspects of corporate and commercial law.

She has a successful track record helping directors or shareholders struggling with disagreements within their business to find pragmatic solutions as well as advising in cases of financial distress and/or formal insolvency including where there is a breach of contract or relations with a joint venture partner break down.