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Partnerships & Joint Ventures

By
John Kafrouni
12 Nov 2013
•
5
min read

PARTNERSHIPS & JOINT VENTURES

  • Going into a business partnership?
  • Buying shares in a private company?
  • Commencing a joint venture?

Doing business with others can be rewarding. It can also be essential to the success of a business venture of project. However, if partners’ expectations are unclear or inconsistent, there is likely to be trouble.

Partnership agreements, shareholder agreements and joint venture agreements provide substance to a business relationship and ensure that expectations are established and key risks are addressed.

Such risks include: a partner unexpectedly seeking to exit the partnership, failure of a partner to meet key responsibilities or milestones, conflicts of duty and diverging business goals.

For advice on any such agreements presented to you, or for the preparation of these  agreements, contact Joe Kafrouni on (07) 3354 8888 to discuss your opportunity and how our business lawyers can help.

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