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Joint ventures often begin with shared goals and contributions of two or more parties—whether sharing costs, expertise, contacts, or effort. But when one party takes the opportunity for themselves and excludes the other at the crucial moment, the financial and personal consequences can be significant.
Norling Law regularly assists clients facing such business venture disputes. If you helped build a commercial opportunity and were shut out before the payoff, you may have enforceable rights.
When parties agree to collaborate for a specific project with a common objective, the law may impose rights and obligations such as:
If these duties are breached, you may be entitled to profit‑sharing, compensation, or restoration of your respective interest in the joint venture.
Two or more companies collaborate to develop a commercial or property opportunity. Together they combine resources to research, negotiate, and shape this specific business project, with the intention of forming a successful joint venture, whether as a separate legal entity (such as an incorporated limited liability company) or through an unincorporated joint venture partnership agreement.
But just before finalising the deal, one party proceeds alone, signing documents, restructuring arrangements, and taking the benefit for themselves.
This behaviour is not just unfair to the other parties involved; it may breach duties that arise when parties jointly pursue a new project.
You may have a claim against the other joint venture party if:
Even informal or unwritten business arrangements can support a claim.
We analyse your contributions and the conduct of the other party to determine whether partnership duties were breached and what remedies are available.
We identify the value of profits earned, opportunities lost, or contributions made, key components of a successful joint venture claim.
Depending on the case, we may:
We pursue fair outcomes through negotiation where possible, or litigation where necessary.
Joint venture and partnership disputes often resolve through:
Many joint venture contract agreement disputes settle once you assert your rights with legal support.
Being excluded from a new business or project you helped build is frustrating and expensive, but you do not need to accept the loss. Norling Law has extensive experience in joint venture disputes across New Zealand. We can help you protect your business interests and recover the value you are owed.
Contact us for a free 30-minute consultation to discuss your situation and next steps.
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