Partnerships and Joint Ventures
The business transaction lawyers at RBS work closely with clients and their advisors to create business structures that will best meet their needs, including partnership and joint ventures. This can include general partnerships, limited partnerships, and limited liability partnerships, as well as joint venture structures that are tailored for specific projects and objectives. The firm has the experience and expertise to assist with all aspects of business structures, including formation, project acquisition, contractual arrangements, financing, dissolution, and all steps in between.
Partnership and joint ventures may be used for a variety of reasons to achieve specific objectives in a number of industries. They are particularly suited to professional services firms, real estate development, real estate investment funds, resource development, agriculture, and many other opportunities where the participants find it advantageous to determine their income tax liability or their income at their own level as the case may be. British Columbia is unique in that limited liability partnerships (as distinguished from limited partnerships) can be used for business ventures other than the practice of a profession that is the only permitted application in many other jurisdictions.
The Partnerships and Joint Ventures Group can help in all aspects of project negotiation and agreements. Its business transaction lawyers understand the issues faced by project managers and investors that must be addressed to achieve alignment of manager and investor interests. They are active in the business and legal community and stay apprised of current best practices in connection with partnership structures and related governance models.
The Partnerships and Joint Ventures Group represents individuals, professional services firms, corporations, local and foreign investors, institutions, and private equity groups in negotiating and documenting partnership and joint venture arrangements. RBS is known for providing strategic, innovative, and cost-effective legal services.