Services

Joint Ventures

Strategic collaborations require careful legal structuring. We help form joint ventures and partnerships that protect each party.

Clear Governance

Define decision-making rights, voting thresholds, and deadlock resolution

Economic Clarity

Capital contributions, profit sharing, and ongoing financial obligations

Exit Planning

Buy-sell provisions, term limits, and orderly wind-down procedures

Joint Venture Services

Joint ventures can create tremendous value—or tremendous problems. The difference often comes down to how well the arrangement is structured from the beginning. We help Alberta businesses form joint ventures, partnerships, and strategic alliances that protect each party while enabling shared success.

JV Structure & Formation

Our JV formation services include joint venture agreement drafting, corporate vs. contractual JV analysis, governance structure design, capital contribution frameworks, profit and loss sharing arrangements, IP contribution and ownership terms, non-compete and exclusivity provisions, confidentiality frameworks, and regulatory compliance assessment.

JV Governance & Operations

We help manage ongoing JV operations including management committee structures, decision-making frameworks, deadlock resolution mechanisms, reporting and audit rights, capital call procedures, transfer and assignment restrictions, dispute resolution processes, and compliance monitoring.

Exit & Restructuring

Our exit planning covers buy-sell mechanisms, put and call options, tag-along and drag-along rights, valuation methodologies, wind-down procedures, asset distribution, IP reversion provisions, and post-termination obligations.

Services Include

A comprehensive range of joint ventures services for Alberta businesses.

Joint Venture Formation

  • Joint Venture Agreement Drafting
  • Co-Development Agreements
  • Strategic Alliance Agreements
  • Memorandum of Understanding (MOU)
  • Collaboration Agreements
  • JV Entity Selection & Incorporation

Structure & Governance

  • Management Committee Structure
  • Profit Sharing & Distribution Arrangements
  • Voting Rights & Decision-Making Protocols
  • Capital Contribution Agreements
  • Corporate Governance for JV Entities
  • Reporting & Information Rights

IP, Operations & Exit

  • IP Contribution & Licensing in JVs
  • Technology Transfer Agreements
  • Non-Compete Provisions
  • Exit & Unwinding Provisions
  • Buy-Out & Right of First Refusal Clauses
  • Dissolution & Wind-Up Procedures

Frequently Asked Questions

What's the difference between a joint venture and a partnership?

A partnership is typically an ongoing business relationship with shared profits, losses, and liability. A joint venture is usually project-specific or time-limited. JVs can be structured as separate corporations, contractual arrangements, or partnerships depending on goals, liability concerns, and tax considerations.

Should our joint venture be a separate legal entity?

It depends. A separate entity (corporation or LP) provides liability protection and clearer separation of assets. But it adds complexity and cost. Contractual JVs are simpler but may expose parties to joint liability. We will help you evaluate the trade-offs for your specific situation.

What happens if a JV partner wants to exit?

This should be addressed in your JV agreement from the start—buy-sell provisions, rights of first refusal, put/call options, and valuation mechanisms. Without these, exits can become contentious and expensive.

How do you handle intellectual property in a joint venture?

IP is often the most complex JV issue. The agreement should clearly address: what background IP each party brings, who owns IP developed jointly, licensing terms for shared IP, what happens to IP when the JV ends, and non-compete restrictions on using JV-developed IP independently.

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This content is for informational purposes only and does not constitute legal advice. For legal guidance tailored to your situation, please consult a qualified lawyer.