Joint Venture Agreements
A joint venture is a business agreement on cooperation between two parties, which can take up various forms. The most usual one is developing and setting up a new entity for a specified period of time through a purchase of specific assets with contributed capital. Both parties agree on rules for joint management and control as well as their share of revenues and expenses.
Hance Law assists clients in preparation of takeover bid documentation, including offer documents, which need to be approved by the CSSF, advertisements with details on bid commencement, results and additional steps to be taken, forms of acceptance to be used for the offer and share and purchase agreements with the controlling shareholder.
We prepare documentation for filling applications for approval of competent authorities (anti-trust authorities and others). We assist clients with spin-offs, leveraged buy-outs and joint venture agreements. Furthermore, we help our clients through various phases of a joint venture: preparation of initial documents, negotiations on behalf of clients, feasibility study, incorporation of a corresponding Luxembourg corporate entity, preparation of an according shareholders’ agreement.