Joint Ventures & Strategic Alliances

The course focuses on the nature, structure and objectives of joint ventures and strategic alliances and highlights the requirements for effective corporate partnership.

Participants will learn to assess whether a proposed joint venture is likely to be the most effective means of promoting a company’s activities into new markets, product lines or services.

Emphasis is placed upon the identification of a suitable partner and upon the establishment of a workable structure, an effective management and an efficient exit route.

The legal framework and related tax consequences of particular types of joint venture and strategic alliance are also outlined within the overall context of an essentially practical course.

The following sets out the content of the course in the approximate order in which it will be discussed during the day.

Background

The nature and structure of corporate partnering
Overview of objectives
Advantages & disadvantages
Senior partners/junior partners

Selecting a corporate partner

Motivation
Acquisition vs. alliance
Clarification of expectations
Strategic assessment of objectives
Developing an alliance strategy
Screening and selecting the candidates
Traps to avoid and reasons for failure
Analysis of relationship & performance risks

Types of structure

Contractual joint ventures
Corporate joint ventures
Tax considerations
Dual headed structures
Loose strategic alliances
Equity investment?
Partnerships
EEIG
Societas Europaea

Negotiations

Minority protection
Different emphasis to acquisitions
Cultural issues
Common law and civil law differences
Compromise, trust, pressure & conflict

Managing the joint venture

Preservation of confidentiality
Avoidance of conflict or dependency
Management qualities required
Handling conflict
Resolving cultural difficulties
Control systems & committees

Termination

Exit planning
Pre-arranged mechanisms
Mutually assured destruction
Russian roulette
Mexican shoot-out
Picking up the bits
Protection for the future

Aberdeen
Edinburgh
Glasgow
Belfast
Leeds
Newcastle
Liverpool
Manchester
Birmingham
Cardiff
Bristol
Reading
Croydon
London E
London EC
London SW
London W
London WC
Guernsey
Jersey

Guide Price: We will email you our price list on request to: roger.badenpowell@bpal-global.co

Delivery: In house
Category: Corporate Finance
Duration: 6 hours
Qualification: Six Solicitors Regulation Authority CPD hours. Counting towards CPD requirements for ICAEW members.