Nebraska Activity #123953, 1.0 hour CLE
Businesses frequently pool their resources – capital, expertise, marketing power – in joint ventures to grow in existing or new markets, leveraging their individual strengths by partnering with companies with complementary strengths. Joint ventures come in many varieties, including contractual strategic alliances, entity-based ventures, and other hybrid forms. Keys to long-term stability and success in these ventures include carefully planning the immediate and future contributions of each party, allocating management control and access to information, clearly defining property ownership, dispute resolution, and transfers of interests in the JV. This program will provide you with a practical guide to planning and drafting joint ventures, including financial and tax considerations, decision-making authority and transfers of interests in the JV, ownership of jointly developed property, and dispute resolution.
Day 1 – May 24, 2016:
- Joint ventures in business – planning and drafting considerations
- Framework of considerations – formality, capital, tax issues, management control, exits
- Types of joint ventures – contractual strategic alliances v. shared entities v. hybrids
- Choice of entity – incorporated entities v. LPs and general partnerships v. LLCs
- Decision-making, access to information, deadlocks and resolution
Peter J. Kinsella is a partner in the Denver office of Perkins Coie, LLP, where he has an extensive practice advising businesses of every size on technology and commercial transactions, and joint ventures. Prior to joining his firm, he worked for ten years in various legal capacities with Qwest Communications International, Inc. and Honeywell, Inc. Mr. Kinsella has extensive experience structuring and negotiating data sharing agreements, complex procurement agreements, product distribution agreements, OEM agreements, marketing and advertising agreements, corporate sponsorship agreements, and various types of patent, trademark and copyright licenses. Mr. Kinsella received his B.S. from North Dakota State University and his J.D. from the University of Minnesota Law School.
Allen Sparkman is a partner in the Houston and Denver offices of Sparkman Foote, LLP. He has practiced law for over forty years in the areas of estate, tax, business, insurance, asset protection, and charitable giving. He has written and lectured extensively on choice-of-entity, charitable giving and estate planning topics. He is the Colorado reporter for the books "State Limited Partnership Laws" and "State Limited Liability Company Laws," both published by Aspen Law & Business. He has also served as president of the Rocky Mountain Estate Planning Council. Mr. Sparkman received his A.B. with honors from Princeton University and his J.D. with high honors from the University of Texas School of Law.
To Register:Cost $89.00
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Sara Weber, Nebraska State Bar Association
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