Auto component major Sona Comstar has formed a joint venture with Jinnaite Machinery to enter the Chinese electric vehicle ...

Sona Comstar will invest $12 million and have a 60% stake, while JNT will contribute $8 million in assets and business to the joint venture in the first phase.

The struggles continue for global automakers in China. After halting production, Volkswagen announced it will close a plant ...

As the real estate industry continues to navigate regulatory uncertainty and economic challenges, joint ventures (JVs) between brokerages and title insurance companies remain under scrutiny ...

The UK, Italy and Japan welcome a new Joint Venture that will deliver the Global Combat Air Programme (GCAP).

MultiMetaVerse (MMV) announced that it has reached an agreement with Zhao Mingwei and Li Yuanfeng to jointly establish a joint venture in Hong Kong, leveraging their respective resources to ...

We recently hosted a webinar on Pillar Two and its practical impact on joint ventures (JVs). Our key takeaways are set out below. Pillar Two, also known as the global minimum tax, is an OECD ...

The Financial Accounting Standards Board finalized a new standard Wednesday for joint venture formations aimed at providing more useful information to investors on the venture's financial statements ...

FASB has issued an Accounting Standards Update (ASU) focused on bringing consistency to financial statements of joint ventures when they are formed. The ASU noted that GAAP doesn’t provide “specific ...

Joint ownership typically arises through joint development and, in the context of a joint venture (JV) company, all IP owned by the JV, including the IP it develops, might eventually be unwound.