Joint Ventures

IMG’s Business & Corporate legal team has assisted the establishment of domestic, cross border, and international joint ventures. We have a thorough understanding of U.S. laws related to the formation and operation of joint ventures by U.S. companies, as well as, extensive experience with various foreign laws and legal issues involved in the formation and operation of international joint ventures.

Why consider a JV?

Joint ventures (JV) have become an important strategic option for many maritime companies and international businesses. They are typically less risky than mergers and are easier to unbundle than full organizational mergers. With the scale of organizations within the maritime industry, JVs are a useful way of gaining the benefits of collaboration without the economic and political risk associated with mergers or other business combinations.

Collaborative

We work closely with all the parties involved to understand their commercial priorities, enabling us to select the structures and exit strategies that best meet the unique needs of our clients.

Knowledge and Experience

What We Do

IMG is positioned to assist business organizations in drafting various types of corporate agreements and contracts. We assist clients with: day to day contracts and operational disputes; letter of credit disputes; supply contracts and standard terms for physical sale and purchase; storage and throughput agreements; disputes under time and voyage tanker charter parties including demurrage; joint ventures; regulatory issues and sanctions; and trade finance.

Forming the right business entity is critical to its success. Exactly what legal entity should be chosen and how it should be structure deserves early and careful planning. The most appropriate choice of entity depends upon your preferences for personal and entity taxation, risk of liability; business management authority; obligations as to meetings, paperwork, filings, personnel, and officers and directors-just to name a few.

Intellectual property is one of the most valuable assets owned by a business and its significant value often leads to disputes. Our lawyers have extensive experience in pursuing and defending all types of disputes and we assist our clients with the enforcement of their own rights, and in matters of infringement of the rights of others.

IMG executes a wide variety of merger, acquisition, divestiture and reorganization transactions. We approach mergers and acquisitions from a business and entrepreneurial perspective, allowing us to anticipate our clients’ needs and develop practical and cost-effective business solutions. Our team approach ensures that each deal proceeds smoothly and as expeditiously as possible.

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