COURSE DESCRIPTION
Businesses frequently pool their resources – capital, expertise, marketing, distribution – in joint ventures, leveraging their individual strengths by partnering with companies with complementary strengths. There are many types of JVs – contractual strategic alliances, entity-based ventures, and other hybrid forms – each with its tradeoffs. JV agreements involve contributions by the parties, allocating management control, access to information, ownership of jointly developed property, dispute resolution, and transfers of interests. This program will provide you with a practical guide to planning and drafting joint ventures.
Day 1 – August 14, 2024:
- Framework of considerations – formality, capital, tax issues, management control, exits
- Types of joint ventures – contractual strategic alliances v. shared entities v. hybrids
- Choice of entity – incorporated entities v. LPs and general partnerships v. LLCs
- Management, access to information, deadlocks and resolution
Day 2 – August 15, 2024:
- Contributions – capital, marketing and distribution expertise, intangible assets
- Economics – allocation of profits and losses, and distribution policies
- Transfers of JV interests – rights of first offer/refusal, restrictions on transfers, dissolution
- Ownership of jointly developed property – development of intellectual
Speaker:
Peter J. Kinsella is a partner in the Denver office of Perkins Coie, LLP, where he has an extensive technology law practice focusing on advising start-up, emerging and large companies on technology-related commercial and intellectual property transaction matters. Prior to joining his firm, he worked for ten years in various legal capacities with Qwest Communications International, Inc. and Honeywell, Inc. Mr. Kinsella has extensive experience structuring and negotiating data sharing agreements, complex procurement agreements, product distribution agreements, OEM agreements, marketing and advertising agreements, corporate sponsorship agreements, and various types of patent, trademark and copyright licenses. Mr. Kinsella received his B.S. from North Dakota State University and his J.D. from the University of Minnesota Law School.