Assignment of Joint Venture Interests

While the parties to a joint venture generally intend that their relationship will survive until the end of the projected term of the project for which the joint venture was formed, it is recommended that plans be made in advance for the possibility that a joint venture interest will be assigned and transferred during the joint venture term either to the other joint venturer or to a third party following compliance with transfer procedures that should be detailed in the shareholders’ agreement and/or the bylaws of the joint venture.  This month's report provides references to practice tools that can be used to faciliate the assignment of joint venture interests.

7 thoughts on “Assignment of Joint Venture Interests

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    THIS AGREEMENT is entered into this 3rd day of March, 2005, by and between Caldera Partners Limited Partnership, a Washington limited partnership (“Caldera”), and LKA International, Inc., a Delaware corporation (“LKA”).

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    it is recommended that plans be made in advance for the possibility that a joint venture interest will be assigned and transferred during the joint venture term either to the other joint venturer or to a third party following compliance

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    I’m impressed, I have to admit. Seldom do I encounter a blog that’s equally educative and interesting, and let me tell you, you have hit the nail on the head. The issue is something which too few folks are speaking intelligently about. I’m very happy that I came across this in my hunt for something relating to this.

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