Many of our clients form alliances with other enterprises in order to carry out one or more business ventures. These can involve alliances between solution providers as well as financial alliances between investors and developers. Such alliances can serve to generate new products or services, enable projects to get off the ground and establish more efficient and profitable distribution channels for products and services.
Several legal factors come into play. Every partnership, joint venture or strategic alliance requires careful attention to management, structure and control issues. These include tax, securities, accounting and partnership law concerns. In this regard, our business attorneys' cross-industry experience is a big advantage.
- A wind energy developer needed help building strategic partnerships while paying particular attention to complex regulatory and financing issues. Hemenway & Barnes successfully negotiated and structured partnership agreements for this client with landholders, including tribal lands, turbine manufacturers and other stakeholders in the wind energy industry.
- A manufacturer of food service equipment needed assistance with international distribution and partnership agreements. The company hired our firm to structure the relationships and negotiate and draft the documents.
- An information service provider hired Hemenway & Barnes to create an alliance with business process solution providers for a joint solution for healthcare data analysis, management and processing.