With Sale Prices Low, Cos. Opt For Joint Ventures

Law360, New York (October 12, 2009, 4:40 PM EDT) -- One of the key questions confronting companies in the current constrained credit environment is what to do with a division that isn't performing up to snuff.

For an increasing number of companies, the answer to that question is entering into a joint venture, especially for companies looking to sell that can't scare up a good offer. Several attorneys said they had seen more chatter about joint ventures over the course of the year, despite inherent complexity and the potential for increased antitrust scrutiny, and that many...
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