Collaborative agreements and joint ventures have become increasingly important as a medium through which business activities and projects are undertaken together.
These agreements allow companies, people and organisations to collaborate when it comes to business, transactions and projects that require commitments on a scale beyond the resources of individual companies, people or organisations.
The changing business conditions and markets (largely as a result of changes in political and economic conditions, deregulation and technological developments) provide opportunities for companies or organisations to enter into collaborative agreements and joint ventures as part of their strategic planning in relation to particular industries or markets.
The rationale and perceived advantages of collaborative agreements or a Joint Venture inevitably involve a sacrifice of the control and flexibility which might otherwise have been enjoyed had a company undertaken a business or project independently.
A Joint Venture requires expert advice. As an experienced Joint Venture law firm, Ramsdens’ corporate and commercial team can help create a structure that not only meets the technical, operational, financial, accounting, regulatory, legal and tax requirements of the collaboration/venture, but also encapsulates the underlying commercial objectives of the individual participants.
