Partnerships and joint ventures
Collaboration is often necessary to achieve business goals whether you operate exclusively in the public or private sector or co-operate across both sectors. Choosing the right corporate structure can be vitally important in helping to deal with key decisions around allocation of risk and reward, finance and taxation.
Whether operating under the guise of a traditional partnership, an LLP, a Limited Partnership or a joint venture private limited company our team will be able to assist with commercial, practical and proactive advice to try to ensure that your business model is best placed to achieve its goals in an efficient and compliant manner.
Corporate and contractual joint ventures
We regularly advise on JVs connected with property ownership and development, exploitation of intellectual property, public/private initiatives, outsourcing and cross board collaboration.
Key drivers in the structure of a JV include risk allocation, mechanisms for breaking deadlock, financing, sector regulation and exit planning; and can take the form of a private limited company, LLP or a JV contract between the relevant parties. We are able to draw on expert advice from our teams in corporate, commercial, real estate, employment pensions and immigration, regulatory, education, tax, finance and in particular around cross border JVs from our commercial partners in Legalink.
We have advised on the creation of limited partnerships under the Limited Partnership Act of 1907 as part of structures used in the establishment of certain types of equity funds working closely with colleagues in our Banking and Finance team. Examples include:
- Establishing microloan and equity funds as part of the £400million Northern Powerhouse Investment Fund; and
- Establishment of £40million Enterprise Ventures Small Loans Fund.
We have particular experience and expertise in advising professional partnerships, particularly solicitors, accountants, GPs and dentists.
In the case of legal service providers, we provide a full-service solution working closely with our specialist professionals’ service regulatory compliance team Compli to ensure clients are able to better manage commercial and regulatory risks.FeaturedWeightmans’ North East deals increase by a third in 2019
Weightmans’ corporate team in Newcastle is celebrating a record year of deals, as the aggregate value of transactions increased by 30% in 2019.Duncan Reid PartnerNewsSurvey reveals loss of appetite for outsourcing in local government
New research reveals a declining appetite for outsourcing in local government, amidst call for a rethink in partnerships between the public and…Simon Goacher Partner
NewsWeightmans advises Springboard Corporate Finance in multi-million pound deal
Birmingham-headquartered Springboard Corporate Finance has been acquired by Begbies Traynor.
NewsWeightmans advises Hentons on merger as part of multi-million pound expansion plan
Multi-disciplinary team at Weightmans secures results for Leeds businessHaroon Younis Principal Associate
View Sarah’s profile
View Mike’s profile
View Kieran’s profile
View Nathan’s profile
View Edwina’s profile
View Nicola’s profile
View Steve’s profile
View Gary ’s profile
View Vincent’s profile
View Claire’s profile
View Duncan’s profile
View Andrew’s profile
View Victoria’s profile
View Haydn’s profile
View Michael’s profile
Catherine HendyPrincipal Associate
View Catherine’s profile
View Anne-Marie’s profile
View Thomas’s profile
View Michael’s profile
View Robert’s profile