Joint Ventures

The use of joint ventures as convenient and flexible vehicles to achieve varied business objectives is becoming increasingly common, both in the United States and internationally. Our attorneys are experts in structuring these ventures and in defining the scope of the relationship and the rights and duties of the parties, as well as tax and antitrust issues which invariably arise in the preparation of these arrangements. Joint ventures are common in a number of industries, ranging from health care to manufacturing, construction, transportation and financial services. Many involve complex considerations of tax planning and selection of the appropriate entity, whether foreign or domestic. Members of our firm have literally "written the book" in this area of the law, and are recognized national authorities on this subject.

Experience

Represented a U.S. distributor of chemicals for criminal violations of the provisions of the Montreal Protocol on Substances that Deplete the Ozone Layer
Represented a class of claimants regarding currency seized under bulk cash smuggling provisions of the U.S.A. Patriot Act
Counsel to the administrative agent and lead arranger with respect to approximately $160,000,000 in senior secured credit facilities consisting of first lien, second lien and fully subordinated tranches as well as letter of credit and working cash sub-facilities for a specialized manufacturing company with U.S. and Canadian operations. The credit facilities provided for the recapitalization of and working capital for the loan parties and are secured by liens on substantially all of such parties' real and personal U.S. and Canadian assets.
Represented the Agent with respect to a $75,000,000 asset based credit facility involving borrowers in the steel industry, one of which is located in the United Kingdom. The credit facility was secured by assets located in the United States and the United Kingdom. TR&A also provided counsel as to the transaction structure including analysis as to deemed dividend, withholding tax and pension liability issues.