Joint Ventures

Legal and Business Perspectives

Overview

Increased rates of technological change and globalization are leading more and more firms to consider joint venture strategies. From a legal perspective however, little if anything has been written on these collaborative business relationships. Now, two of Canada’s leading practitioners in the field have prepared the first comprehensive legal treatment of joint ventures, drawing together applicable case law and statutory provisions, and providing specific examples of joint venture relationships drawn from real experience.

If you are looking for a sophisticated understanding of the nature of joint venture relationships, or a practical guide to structuring joint ventures, this book will provide the answers.

Reviews

"This splendid book by Barry Reiter and Melanie Shishler reflects business lawyers at their very best. They have applied their formidable talents to producing for both lawyers and business people the seminal text on joint ventures in Canada. While focused on Canadian law, the book draws extensively on the international business and legal literature, reflecting both the increasingly ubiquitous use of joint ventures around the world and the transnational plans and activities of many Canadian businesses.”

J. Robert S. Prichard, President, University of Toronto

"Joint Ventures provides a wealth of relevant and up to date information, and it is valuable as a concise reference work and an educational tool."

James Coates, Saskatchewan Law Review 2001, vol. 64

Table of Contents

Foreword by J. Robert S. Prichard
Acknowledgments
The Joint Venture Process

OVERVIEW: Joint Ventures in a Global Economy

PART ONE: INTRODUCTORY PRINCIPLES
Chapter 1: Introduction to Joint Ventures
Chapter 2: The Value of Cooperation

PART TWO: ALTERNATIVE LEGAL VEHICLES
Chapter 3: Choosing a Legal Vehicle: Customizing Standard Forms
Chapter 4: Formal Requirements and General Characteristics
Chapter 5: Default Management Structures, Transfers, and Exit Mechanisms
Chapter 6: Baseline Duties between Venturers
Chapter 7: Joint Venture Liability to Third Parties
Chapter 8: Taxation of Joint Ventures

PART THREE: IMPLEMENTING THE BUSINESS PLAN
Chapter 9: Structuring a Joint Venture for Success
Chapter 10: Relational Considerations: Partner Selection, Culture, Objectives, and Champions
Chapter 11: Governance Considerations: Decision Making, Dispute Resolution, Transfers, and Termination
Chapter 12: Financial Considerations: Valuations and Initial, Ongoing, and Emergency Financing
Chapter 13: Regulatory Issues

PART FOUR: CASE ANALYSIS: APPLYING THE ANALYTICAL FRAMEWORK
Chapter 14: Joint Venture Case Analysis

APPENDIX A: Joint Venture Checklist
APPENDIX B: Sample Agreement for an Unincorporated Joint Venture
APPENDIX C: Sample Shareholders’ Agreement for a JVC
List of Sample Provisions
Table of Legislation
Table of Cases
Index
About the Author

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