Joint Ventures

We provide strategic legal advice on joint ventures, helping parties to achieve their commercial objectives.

Overview

Joint ventures are complicated transactions, and often of significant strategic importance to the participants. They can offer significant opportunities in terms of access to new markets, the sharing of risk and can deliver economies of scale, but they can also lead to a loss in shareholder value if not structured and implemented appropriately.

The delivery of quality joint venture advice requires a clear understanding of the parties' commercial objectives and specialist advice across a number of disciplines: intellectual property, tax and competition to name but a few. Our joint venture lawyers have significant experience of delivering structures, including cross border arrangements, designed to ensure that the commercial objectives of the joint venture partners are achieved and their commercial interests are properly protected.

We have particular expertise in respect of joint ventures in the transport, defence and energy sectors, and public/private joint venturing.

Areas of focus

We advise on all forms of joint ventures, both domestic and cross border, including the following:

Corporate joint ventures.
Partnerships.
Shareholder agreements.
Contractual joint ventures.
Strategic alliances.

Experience

Advising Ascent (a joint venture between Babcock and Lockheed Martin) on the UK Military Flying Training System PFI project.

Advising in relation to numerous joint ventures in the rail sector, especially in the context of joint venturing in respect of rail franchise bids (both in the UK and overseas).

Advising Babcock on a major public/private joint venture project for the delivery of education services in partnership with Devon County Council.

Advising South West One, a public/private joint venture for the provision of shared services; partners included IBM, Avon & Somerset Police Authority, Somerset County Council and Taunton Deane County Council.

Advising Force Protection, on the establishment of a UK joint venture and its subsequent successful bid for a £100 million contract to deliver Wolfhound vehicles to MOD.

Advising Reliance Secure Task Management on joint venture arrangements as part of the Bi-Counties Police PFI Project and the Gloucestershire Fire and Rescue PFI Project.

Advising a joint venture between Babcock and DHL in connection with a bid for the MOD Logistics Commodities Supply (Transformation) Project.

Advising RAC on joint venture arrangements relating to telematics, including a venture with Nebula Systems.

Advising International Power on its investment with MeyGen Limited, alongside Atlantis Resources Corporation and Morgan Stanley.

Advising iCON Infrastructure and EEA Holdings on a major investment alongside 2OC in the Beckton heat and renewable power generation plant.

Advising Babcock on its participation in ABC Electrification – a joint venture delivering electrification to over two thousand miles of the UK's rail network.

Meet the team