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Joint venture lawyer in Luxembourg

A joint venture brings several partners together in a common project through a dedicated Luxembourg vehicle. The firm structures its formation, drafts the joint venture agreement, organises shared governance and the allocation of powers, and secures the exit and deadlock clauses that protect each party.

In short

A joint venture brings several partners together in a common project through a dedicated Luxembourg vehicle. It rests on an agreement organising shared governance, the allocation of powers, financing and exit and deadlock clauses, to be settled before launch to avoid paralysis at the first disagreement.

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Maître Cora Maglo, Avocate à la CourResponsible for legal content: Maître Cora Maglo, Avocate à la Cour, Liste I du Barreau de Luxembourg depuis 2009. · Applicable law: Luxembourg

Joint venture lawyer in Luxembourg: key points at a glance

Fees, timeframes, documents and deliverables
ItemWhat to know
FeesStated fees. Structuring a joint venture is quoted according to the number of partners and the complexity of the governance, from 1,500 EUR. An initial scoping is offered from 175 EUR excl. VAT.
Indicative timingFormation of the vehicle follows the timeframe of a Luxembourg company; negotiation of the joint venture agreement depends on the number of partners and the complexity of the balance sought.
Documents required
  • Description of the common project and of each partner's contributions
  • Governance and allocation of powers objectives
  • Identity and situation of the partners
  • Envisaged financing and contribution elements
Deliverables
  • Structured Luxembourg vehicle
  • Joint venture agreement drafted
  • Shared governance and exit and deadlock clauses

A joint venture succeeds when the balance between partners is thought through before launch: who decides, who finances, who controls, and how each can exit if the project drifts. Poorly structured, the joint venture stalls at the first disagreement.

Cerno Law Firm selects and forms the suitable Luxembourg vehicle, drafts the joint venture agreement and organises shared governance, the allocation of powers and the exit and deadlock-breaking mechanisms, for a solid and lasting joint venture.

Joint venture lawyer in Luxembourg: when should you call on the firm?

You are launching a common project with one or more partners and must structure a joint venture in Luxembourg.

The challenge is not only to create the vehicle, but to organise the sharing of power and the exits before interests diverge.

What happens if you do nothing?

Unbalanced governance, a deadlock situation with no exit mechanism, unsecured contributions, a partner locked into the project.

A joint venture without a solid agreement becomes paralysed at the first conflict and destroys the value of the project for all partners.

How does the firm step in?

Cerno Law Firm, a law firm admitted to the Luxembourg Bar, structures the Luxembourg vehicle, drafts the joint venture agreement and organises shared governance, the allocation of powers and the exit and deadlock clauses.

Our digital tools only simplify information gathering and the tracking of the matter; they never replace the lawyer's advice, who structures the balance between partners and secures each clause of the agreement.

Practice areas

When to call on the firm

  • Create a joint venture with an industrial or financial partner.
  • Structure a Luxembourg vehicle for a common project.
  • Organise shared governance and the allocation of powers.
  • Secure the exit and deadlock-breaking clauses in the event of disagreement.

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Expertise

Review by a lawyer of the Luxembourg Bar.

Simplicity

Under 5 minutes to open your case.

Stated fees

Structuring a joint venture is quoted according to the number of partners and the complexity of the governance, from 1,500 EUR. An initial scoping is offered from 175 EUR excl. VAT.

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FAQ

Frequently asked questions

What is a joint venture?

It is a partnership bringing several partners together in a common project, most often through a dedicated vehicle. In Luxembourg, the firm structures the vehicle and the agreement that organises its balance.

What is a joint venture agreement?

It is the contract that organises the relations between partners: shared governance, allocation of powers, financing, and above all exit and deadlock clauses. It is the centrepiece of the joint venture.

Why provide for exit and deadlock clauses?

Because a joint venture can seize up: these clauses (buy-out, joint exit, deadlock-breaking mechanisms) allow each partner to exit or to unblock the project on terms agreed in advance.

Which Luxembourg vehicle for a joint venture?

The choice depends on the project, the number of partners and the objectives: the firm guides you towards the most suitable form and puts it in place together with the associated agreement.

Member of

Affiliations & professional networks

  • Barreau de Luxembourg
  • European Immigration Lawyers Network (EILN)
  • Union des Avocats Européens (AEA)
  • Cross Border Advisory Solutions
  • Institut Luxembourgeois des Administrateurs (ILA)
  • Association Luxembourgeoise des Juristes de Droit Bancaire (ALJB)

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Written by Maître Cora Maglo, attorney at law.

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Founded in 2013; Maître Cora Maglo has been admitted to the Luxembourg Bar since 2009

2013
independent firm
2009
at the Bar since 2009
4,7/5
81 Google reviewsRead reviews

Expertise & authority

Ongoing review and analysis of Luxembourg and European case law

Avocate à la Cour, List I of the Luxembourg Bar since 2009

Trained at the London School of Economics, formerly at Clifford Chance and Bonn Steichen & Partners

Member of international networks: EILN, AEA, Cross Border Advisory Solutions

Every matter handled and approved by a lawyer admitted to the Bar

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The firm referenced and cited

Professional directories, business press and legal publications where Cerno Law Firm and Maître Cora Maglo are referenced.

  • Paperjam
  • Editus
  • AmCham Luxembourg
  • ICLG, Corporate Immigration
  • Lexology
  • Startup Luxembourg
  • Alumni Université de Strasbourg
  • DatoCapital
  • Lawzana
  • Sitipro
  • Opendi Luxembourg
  • Yellow.lu
  • Luxembourg.co
  • Legalist
  • Global Law Lists
  • Debitura

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