You've seen an opportunity and identified a co-party with whom it could work, but need to be clear as to the division of responsibility and how the venture will work in practice.

Joint venture agreements may concern a newly incorporated structure set up solely for the purpose, or act like a corporate partnership. The agreement needs to provide a variety of safeguards, or put another way, checks and balances which will give the venture the best possible chance of success. We have considerable expertise in advising on the structuring of property, insurance, e-commerce and other business joint ventures, offering a refreshingly pragmatic approach.