Companies are increasingly turning to joint ventures and strategic alliances as a means to grow their market share and diversify their product or service offerings. Partnering with another company provides many advantages, such as enhancing a client's distribution capacity or streamlining production methods, but there are risks associated with this type of arrangement. Stikeman Elliott provides advice on how to form alliances that increase returns while ensuring that technology and other interests are protected.
Planning, negotiating and implementing the appropriate form of joint venture or other strategic alliance is vital. Our technology lawyers have extensive experience in guiding clients through the relationship-structuring phase and corresponding issues, such as corporate governance, financing, intellectual property ownership and licensing, management controls, profit distribution, tax structuring, dispute resolution and exit strategies.
We have helped companies in the computing, electronics, telecommunications, pharmaceutical, transportation and media industries, among others, to organize joint ventures and achieve various goals, such as sharing proprietary technical information and developing new products.