Helping Clients Capitalize On Joint Ventures
While Accounting For & Mitigating Legal Risk
Joint ventures are powerful business tools that can provide for mutually beneficial relationships that power both parties to new heights. That said, joint ventures and similar types of strategic alliances often require considerations that may be intricate, with the ultimate goal of maximizing advantages while guarding against the inherent risks present in all relationships. The purpose of a joint venture lawyer in these kinds of business relationships often revolves around negotiation and related contractual agreements to ensure clarity about each party’s rights and responsibilities and mitigate risk. Some of the most common areas of focus in the context of joint ventures concern financial and other contributions, intellectual property, and dispute resolution, among several other key areas.
Joint ventures can go very well, or they can result in litigation and other risk. Some examples of joint ventures that resulted in legal considerations include the following:
- FuboTV Scores Injunction Blocking Launch Of Streaming JV: Sports streaming service Fubo has convinced a New York federal court to block ESPN, Fox and Warner Bros. Discovery from launching their joint “sports-first streaming business” while it challenges the venture as an anticompetitive attempt to knock it out of the market.
At RICHT, our goal is to ensure that clients are protected when embarking on joint ventures that are both legally sound and strategically advantageous. Whether you are a startup, a seasoned entrepreneur, or a multinational, we can assist with the varying intricacies native to joint venture law, including due diligence, regulatory compliance, contract drafting, and negotiation.
Joint Venture Law Services We Offer
Licensing
Joint Venture Contracting
Regulatory Compliance
Client Sectors We Serve
Featured Joint Venture Law Video
Proving Joint Ventures: The Importance of Shared Losses
Without an agreement between parties to share losses, a joint venture, and therefore a fiduciary duty and the breach thereof, may not be found to exist.
JetBlue to End Joint Venture with American Airlines
JetBlue will not appeal a judge’s ruling to end its partnership with American Airlines in order to protect its planned purchase of Spirit Airlines.
