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Joint ventures are an avenue by which companies around the world seek to pool special capabilities, exploit potential synergies and minimize risk in pursuing new lines of business. Joint ventures have immense potential rewards. Their formation and the design of corporate governance mechanisms capable of ensuring the harmonious operation of the business without interfering with the attainment of the underlying economic objectives also pose complex legal challenges. For many entities venturing outside their jurisdiction or organization, the governance issues in particular may be complicated by differences between local law and the law with which they are familiar. Adejumo Ekisola & Ezeani has substantial experience in addressing these challenges as we advise joint venture partners in organizing and financing their enterprises.
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