JOINT VENTURE DISPUTE | SKM Lawyers and Public Notary
JOINT VENTURE DISPUTE SKM Lawyers Sydney

JOINT VENTURE DISPUTE

JOINT VENTURE DISPUTE

November 6, 2023

Disputes can arise at almost any stage of the joint venture arrangement. A number of factors can cause the failure of the joint venture including;

  • parties committing a serious breach of the joint venture agreement;
  • parties engaging in misleading and deceptive conduct in relation to representations about the business (i.e making false statements about projected sales or growth);
  • lack of proper due diligence procedures to determine the requirements of combining the businesses and the likelihood of success; and
  • where one party misunderstands the objectives, goals and motivations of the other party and ultimately fall out.

Where a dispute arises, solutions must be strategically formulated with a particular outcome or remedy in mind. It is therefore imperative that the chosen course of action is tailored specifically to your circumstances by an experienced professional.

At SKM Lawyers, we have extensive experience in acting for the parties of joint venture disputes. If you are involved in a joint venture dispute, we are able to deliver solutions including;

  • advising on your rights and obligations as set out in any joint venture agreement;
  • negotiating an exit from the arrangement;
  • representing you during negotiation or drafting further documentation to formalise the desired outcome;
  • assisting you through mediation or alternate dispute resolution;
  • appearing on your behalf in any court proceeding to resolve the dispute.