Companies Act 2006: Primary legislation governing company formation, directors' duties, shareholder rights, and corporate governance requirements for the JV structure
Partnership Act 1890: Fundamental legislation covering partnership principles, including rights and duties of partners and profit sharing arrangements
Contract Law: Including Law of Contract (Rights of Third Parties) Act 1999, common law principles of contract formation, and Misrepresentation Act 1967
Competition Law: Competition Act 1998, Enterprise Act 2002, EU retained law post-Brexit, and merger control regulations to ensure compliance with antitrust requirements
Employment Law: Employment Rights Act 1996, TUPE Regulations 2006, and Equality Act 2010 for managing employment aspects of the JV
Intellectual Property Laws: Copyright, Designs and Patents Act 1988 and Trade Marks Act 1994 for protecting and managing IP rights within the JV
Data Protection: UK GDPR and Data Protection Act 2018 for ensuring compliance with data protection requirements
Tax Legislation: Corporation Tax Act 2010, Income Tax Act 2007, and Value Added Tax Act 1994 for tax compliance and structuring
Financial Services and Markets Act 2000: Regulatory framework for JVs operating in regulated financial services sectors
Industry-Specific Regulations: Sector-specific regulations that may apply depending on the JV's area of operation
Management Structure: Key agreement provisions covering governance, management roles, and organizational hierarchy
Capital Contributions: Provisions detailing initial and ongoing capital requirements, funding mechanisms, and contribution obligations
Profit Sharing: Terms governing the distribution of profits and losses between JV partners
Decision-Making Processes: Procedures for making operational and strategic decisions, including voting rights and reserved matters
Deadlock Resolution: Mechanisms for resolving situations where JV partners cannot agree on key decisions
Exit Mechanisms: Procedures for partner exit, including buy-out provisions, tag-along and drag-along rights
Intellectual Property Rights: Provisions governing ownership, use, and protection of IP brought into or developed within the JV
Non-Compete Provisions: Restrictions on partners' competitive activities during and after the JV relationship
Confidentiality: Obligations regarding protection of confidential information and trade secrets
Dispute Resolution: Procedures for handling disputes between partners, including mediation, arbitration, or litigation options
