Joint ventures and limited partnerships

Overview

We understand that participants have a common commercial objective to achieve in joint venture arrangements.

Practical support and advice

We will guide you through which structure best suits your proposed joint venture, and explain the pros and cons of limited partnerships.

We have extensive experience in drafting and negotiating incorporated and unincorporated joint venture and shareholder agreements, and limited partnerships. We produce well structured and practical documents that provide a workable framework for joint ventures.

Local and international experience

We have worked on joint venture arrangements both domestically and internationally in virtually every sector. Our advice covers:

Structuring
How best to record required inputs
The scope of the joint venture business
Operational control
Governance
Business policy.

Our specialists guide our clients on all joint venture related issues, including:

Future participation
New entrant criteria
Adjustments to participation share
Dispute, termination and exit arrangements.

We help clients navigate tax, resolve disputes, and terminate joint ventures

We work closely with our taxation specialists to provide guidance on taxation implications for chosen joint venture structures. We help clients to navigate and resolve disputes under joint ventures, and to terminate joint ventures.

Market recognition

"Buddle Findlay is an established and reputable firm…good, personable partners, strong deal management capability and meet timelines as requested" - IFLR1000

"They're considered, experienced and they've got nice style; they're quick to the issues and consistent." - Chambers and Partners

Experience

Sector/Expertise

Work highlights

Landcorp Farming

We advised Landcorp Farming on its joint venture with Pengxin in relation to the Crafar farms.

Asciano

We advised Asciano on the acquisition of Port of Tauranga's interest in the C3 joint venture.

Auckland Council

We advised Auckland Council on the formation of its 100 year limited partnership with The Selwyn Foundation to create Haumaru Housing.

Whanganui Port Limited Partnership

We advised Whanganui Port Limited Partnership entities on the Whanganui Port Limited Partnership and related entities and structuring.

Te Rāhui Herenga Waka Whakatāne 2021 Limited Partnership

We advised Te Rāhui Herenga Waka Whakatāne 2021 Limited Partnership on its partnership structuring and associated joint venture issues, and on implementation of the development of the Whakatāne Commercial Boat Harbour.

Cuthbert Stewart

We advised Cuthbert Stewart on the creation and establishment of its joint venture entity Gridworks.

Daiken and ITOCHU

We advised Daiken and ITOCHU on their joint venture acquisition of Carter Holt Harvey’s MDF plant at Rangiora.

Auckland Council and Infratil Infrastructure Property

We advised Auckland Council and Infratil Infrastructure Property in relation to a joint redevelopment of the Merchant Quarter in New Lynn, Auckland.

Oil and gas exploration and production projects

We have advised various parties on the drafting and negotiation of joint venture operating agreements for, and the transfers of joint venture interests in, oil and gas exploration and production projects.

Contact Energy

We advised Contact Energy on its joint venture arrangements for the proposed Taheke geothermal generation project.

Ormat International

We advised Ormat International in relation to joint venture arrangements with Māori landowners for geothermal generation projects in New Zealand.

Banks and financial institutions

We advise banks and financial institutions providing finance to joint venture parties to fund their capital contributions and the joint venture businesses.

Landcorp Farming

We advised Landcorp Farming on its genetics joint venture with Rissington Breedline.

Carbon & Energy Partners

We advised Carbon & Energy Partners on their joint venture with iwi regarding carbon forestry.

Pioneer Generation

We advised Pioneer Generation on various co-generation projects with private and public sector counterparties.

Transwaste Canterbury

We advised Transwaste Canterbury on the Kate Valley Landfill and the Burwood Resource Recovery Park and arrangements with its commercial partner Waste Management.

Our team