Joint Venture

Joint venture counsel, partnership and co-enterprise.

Whitepeak Law assists companies and groups in structuring and documenting their joint ventures: choice of structure, parity governance, and exit mechanisms.

Practices

Areas
of practice.

Joint venture structuring

Choice of the appropriate legal structure: joint company (SAS, SARL, GIE), contractual arrangement, or hybrid structure. Definition of contributions, governance, and the rights of each party in the joint entity.

Agreement documentation

Drafting of the legal documentation for the joint venture: shareholders' agreement, articles of the joint entity, contribution agreements, service contracts, and licence agreements between the parties and the JV.

Parity governance and deadlock resolution

Design of balanced governance mechanisms: parity management bodies, voting procedures, veto rights, technical committees, and procedures for resolving deadlock situations.

Exit mechanisms

Structuring of joint venture exit clauses: right of first offer, pre-emption right, Russian roulette, Texas shootout, dissolution by mutual agreement, and management of joint assets at JV termination.

Clients

The clients we advise.

Companies developing partnerships

Support for companies seeking to form strategic partnerships through joint ventures: structuring, negotiation, and documentation of the co-enterprise agreement.

International groups

Advice to international groups creating joint structures with local partners to enter new markets or develop joint projects in France or Europe.

Regulated sector players

Joint ventures involving licensed companies: coordination with regulatory authorities for compliance of the joint structure and preservation of existing authorisations.

Partners in conflict

Management of tension situations within an existing joint venture: enforcement of deadlock provisions, amicable resolution of governance conflicts, and management of the dissolution or disposal of the JV.

Approach

A practice driven by decisions.

Anticipation of conflicts

Joint ventures are entered into with enthusiasm, but deadlock situations arise frequently. Whitepeak Law designs structures and provisions that anticipate points of tension and define clear exit routes.

Senior attention on every matter

Every matter is handled by the founding partner. First point of contact, last reviewer. No delegation of judgment on governance and exit issues that commit the parties over the long term.

International dimension

Joint ventures often have an international dimension. Whitepeak Law manages this complexity and coordinates local counsel when the structure involves partners of different nationalities.

Paris Bar·UCLA School of Law·MIT Sloan School of Management·White & Case·Allen & Overy·Former Partner, Beaubourg Avocats

Your joint venture project.

Confidential initial consultation to analyse your partnership project, define the appropriate structure, and secure the relationship between the parties from the outset of the co-enterprise.

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