February 27, 2014
Protect Yourself with a Joint Venture Agreement
It is important to have a Joint Venture Agreement (JVA) drafted by a business lawyer when entering into a joint business venture. By doing this, it will protect you and it makes each partner accountable to have the fiduciary duty of the "finest and highest loyalty" to every partner. You can help prevent future litigation issues by having a business lawyer draft this agreement when first going into business.