SERVICE

Joint Ventures

Key contact

MortonFraser_Iain Young
Iain Young
Partner
Iain is a partner and the head of our Corporate sector. He is also a member of the Sports Law team and the non-contentious Restructuring and...
0131 247 3194

Many people run businesses with others: as a limited company with two or more shareholders, a partnership, a limited liability partnership or (less commonly) a limited partnership.

Any of these could be a called a 'joint venture' and, while working with other people has many advantages, obviously at some point the parties may not agree on the way forward. Arguments can arise on everything from profit sharing to succession planning, from decision making to transfer of ownership, and (most frequently) the contribution of the other participants.

Benefits we bring to your business

When you're setting up a joint venture we'll discuss your plans, tell you clearly which is the best structure for your business, advise you on the likely areas for future disagreement and recommend legal mechanisms to pre-empt them.