• Subscribe
  • Log In
  • Sign up for email updates
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

The Texas Lawbook

Free Speech, Due Process and Trial by Jury

  • Appellate
  • Bankruptcy
  • Commercial Litigation
  • Corp. Deal Tracker/M&A
  • GCs/Corp. Legal Depts.
  • Firm Management
  • White-Collar/Regulatory
  • Pro Bono/Public Service/D&I

Robert Little & Jonathan Sapp

Joint Ventures Demystified — A Practitioner’s Guide to Structuring Successful Partnerships

In today’s global business environment, market participants continuously seek innovative ways to grow their businesses, obtain capital to execute their business plans and leverage shared resources. One popular strategy is forming a joint venture, which is a business arrangement where two or more parties pool resources to achieve a common commercial goal. Structuring a JV is complex, and success hinges on careful planning, negotiation and management, as poorly structured JVs can lead to conflicts, inefficiencies and ultimately failed outcomes.

This article explores several key issues to be addressed when forming a joint venture and provides a roadmap for avoiding some common pitfalls that derail many partnerships. By carefully defining a JV’s scope, negotiating for appropriate consent rights, protecting against leakage from affiliate agreements, addressing fiduciary duties and establishing clear transfer provisions, parties can create a JV structure that helps to ensure alignment and maximizes the likelihood of success for all involved.

November 4, 2024 Robert Little & Jonathan Sapp

Primary Sidebar

Features

  • P.S. — Pro Bono Work Honored at State Bar of Texas Annual Meeting - Advancing access to justice in rural Texas, advocating for domestic violence survivors and ensuring Spanish speakers aren’t left out are among the pro bono initiatives for which lawyers and a judge were honored during the State Bar of Texas Annual Meeting in San Antonio.   July 4, 2025Krista Torralva

GCs, Lawyers & Firms

  • Reed Smith Beefs Up Global Regulatory Enforcement Group, Hires V&E Partner  - Rebecca Fike, formerly senior counsel with the SEC, officially made the move to Reed Smith July 1. In an interview with The Texas Lawbook after one week on the job, she said she knew joining Reed Smith was the right move for her after meeting lawyers in the firm’s Dallas office during the interview process. 
  • Rey Anaya Valencia Begins Deanship at South Texas College of Law Houston
  • Willkie Adds Blake Winburne to its Houston Office
  • Hines CLO Joins Greenberg Traurig in Houston
  • Thomas Verity Vaults to Norton Rose Fulbright
  • Veteran Houston Partner Jumps from Latham to Simpson
  • Skadden Hires Two M&A Partners from White & Case
  • V&E Adds Three Partners: Two from Kirkland, One from Baker Botts
  • Houston Texans Associate GC Jumps to Munsch Hardt
  • Gray Reed Hires Longtime Houston Exec to Lead Operations and Growth
More GCs, Lawyers & Firms

Lawyers in the News

Hover right to see full list

Barry Barnett
Wes Bearden
Emily Westridge Black
Michael Burke
Alicia Campbell
John Campbell
Madeleine Carpenter
Alexander Clark
Dawn Pittman Collins
Richard Finneran
Elizabeth Freeman
David Gail
Elizabeth Gibson
David Jones
Frank Lopez
Abbe Lowell
Neal Manne
Billy Marsh
Tom Melsheimer
Tasha Moser
Justin Nelson
Reed O'Connor
Kate Pennartz
John “J.” Pieratt
Danielle Reyes
Christopher Richardson
Randy Sorrels
Harry Susman
Larry Vincent
Victor Vital
Brent Walker
Matt Weybrecht
Melody Wilkinson
Alex Wolens

Firms in the News

Hover right to show full list

A&O Shearman
Bryan Cave
Cozen O'Connor
Haynes Boone
Holland & Knight
Jackson Walker
King & Spalding
Kirkland & Ellis
Law Office of Liz Freeman
Paul Hastings
Porter Hedges
Sorrels Law
Susman Godfrey
Toyota
Troutman Pepper Locke
Willkie
Vinson & Elkins
Weil
Winston & Strawn

Footer

Who We Are

  • About Us
  • Our Team
  • Contact Us
  • Submit a News Tip

Stay Connected

  • Sign up for email updates
  • Article Submission Guidelines
  • Premium Subscriber Editorial Calendar

Our Partners

  • The Dallas Morning News
The Texas Lawbook logo

1409 Botham Jean Blvd.
Unit 811
Dallas, TX 75215

214.232.6783

© Copyright 2025 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.