We also had to review the capital and income accounts of
the joint venture parties.
Usually mandatory additional capital contributions are made pro rata based on
the joint venture parties» percentage interests in the joint venture entity at the time of the contribution
Joint venture parties tend to forget that when the honeymoon is over and disputes arise between them, either party may seek from the other disclosure of relevant communications they have exchanged with their own lawyers or other external advisors.
LCIA Arbitration No. 2 — Junior Counsel in major arbitration concerning a shareholder dispute between
joint venture parties
Acting (led by David Joseph QC) in an ad hoc arbitration under the Indian Arbitration and Conciliation Act 1996 involving a dispute between
joint venture parties.
Acting (led by Graham Dunning QC) in a substantial LCIA Arbitration involving a dispute between
joint venture parties.
Acted (led by Graham Dunning QC) in a substantial LCIA Arbitration involving a dispute between
joint venture parties.
Caps on the amounts of additional capital contributions are prudent to avoid
a joint venture party being responsible for unlimited mandatory capital contributions in the future; alternatively, the drafter can provide that additional capital contributions may be approved by a supermajority or unanimous vote of the board of managers / directors or the joint venture parties
Not exact matches
The partnership was clearly a hit for both
parties — Diageo and Diddy announced a tequila
joint venture in 2014.
But under IFRS, a company can bury in notes to the financial statements the details about a company's related
parties, including corporate executives, directors,
joint venture partners and family members.
For example, National Australia Bank records the details of millions of electronic transactions, strips the data of information that could identify individual customers, and passes it to a
joint venture that the bank set up in 2008 with the data analytics company Quantium, which sells insights from the data to third
parties.
ESSA also, either independently or in conjunction with third
parties, makes, markets and sells ready - to - drink tea products through an international
joint venture with Unilever (under the Lipton brand name).
NAB also, either independently or in conjunction with third
parties, makes, markets and sells ready - to - drink tea and coffee products through
joint ventures with Unilever (under the Lipton brand name) and Starbucks, respectively.
Latin America also, either independently or in conjunction with third
parties, makes, markets and sells ready - to - drink tea through an international
joint venture with Unilever (under the Lipton brand name).
AMENA also, either independently or in conjunction with third
parties, makes, markets, distributes and sells ready - to - drink tea products through an international
joint venture with Unilever (under the Lipton brand name).
Sultan Saed Al Mansoori, and MaRS Discovery District CEO, Dr. Ilse Treurnicht, the agreement will encourage both
parties to explore collaboration opportunities and possible
joint venture projects for SMEs.
If one of the partners is not located in the United States, or if both
parties are foreign, additional documents will need to be signed: specifically, a New Legal Entity and a
Joint Venture Agreement.
While
joint ventures offer flexibility in terms of allowing multiple partners to work together on a given project or in a particular business, challenges arise when one or more
parties may want to leave the company at the end of the
venture.
«By using a combination of wholly owned,
joint ventures and third -
party distribution companies, we have been able to seamlessly meet consumer demands,» Hunt says.
and the
joint venture would be between two
parties that have at times had conflicts of interest.»
As well as imported Arla products, the
joint venture, Arla Foods Mayer Australia, will market, sell, and distribute specialty dairy products from third -
party producers in Europe and Australia.
The German regulatory process continues and the
parties are expecting to receive a formal notification next week.The
parties continue to believe that the
joint venture is pro-competitive and will increase the supply of iron ore.
Researchers at OpenNet, a
joint venture of the University of Toronto in Canada, Harvard Law School and the University of Cambridge, have found that China's Communist
Party - run internet service providers (ISPs) routinely filter out content they deem politically unacceptable.
In addition, small start - ups typically want to form partnerships in which both
parties invest and then share milestones and ultimately revenue, he said, but «as a not - for - profit we can't do that sort of
joint venture either.»
You agree to indemnify and hold Tommy Bahama (and its officers, directors, agents, subsidiaries,
joint ventures, employees and third -
party service providers), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys» fees, arising out of a breach of your representations and warranties set forth above, your use of this Website, or your violation of any law or the rights of a third
party.
27.2 The Agreement is not intended to create a partnership,
joint venture or relationship of principal and agent between the
parties.
At a later point, however, several previous employees of Hudson Soft, and Nintendo - Hudson
joint venture Monegi Inc., moved to the company, including various staff that had worked on the Hudson - developed Mario
Party games, including former president Hidetoshi Endo, who became the current president of Nd Cube.
(11) OBLIGOR. - The term «obligor» means a
party that -» (A) is primarily liable for payment of the principal of or interest on a Federal credit instrument; and» (B) may be a corporation, partnership,
joint venture, trust, or governmental entity, agency, or instrumentality.»
You agree to defend, indemnify, and hold American Honda, our affiliates, subsidiaries,
joint ventures, third -
party service providers, employees, contractors, agents, officers, and directors harmless from any and all liability, claims, and expenses (including reasonable attorneys» fees) that arise out of or are related to your violation of these Terms or use of the Site.
Affiliates are independent contractors, and nothing in this Agreement will create any partnership,
joint venture, agency, franchise, sales representative, or employment relationship between the
parties.
Such notice shall describe the
joint venture or other business arrangement, identify all E-book Publishers that are
parties to it, and attach the most recent version or draft of the agreement, contract, or other document (s) formalizing the
joint venture or other business arrangement.
On the other hand, a banking licence is an unrecorded intangible asset that's potentially very valuable — it could be monetized, for example, via low - cost / low - capital
joint ventures with interested third
parties, or even perhaps via some type of sale.
The hotel is owned by Jekyll Oceanfront Hotel, LLC (JOFH), a
joint venture comprised of several investors including Leon N. Weiner & Associates, Inc, a nationally recognized real estate development company, and New Castle Hotels & Resorts, an award - winning, independent third -
party hotel manager.
Hersha Hospitality Management (HHM), a leading hotel management company that operates approximately 70 premium limited - service, upscale, upper - upscale and luxury lifestyle hotels and asset manages an additional 19 hotels, today announced that it will add four new properties to its management portfolio in the first 45 days of 2010, including three hotels owned by third
parties and one
joint -
venture investment.
These hotels mark a continuation of HHM's aggressive growth strategy to double the size of its management portfolio in the next three years, via third -
party management,
joint ventures, and asset management.
Information about any installer or other third
party on the Website shall not be interpreted or construed to create an association,
joint venture, agency, partnership, franchise, sale representative or employment relationship between the
parties or to impose any partnership obligation or liability upon either Mosaic or any third
party.
A contingency arrangement was not a true
joint venture because the
parties are not equal and the lawyer owes a fiduciary duty to the client.
She has extensive experience representing multinational companies and financial institutions with respect to anti-corruption and compliance matters, including advising clients on due diligence in connection with acquisitions and
joint ventures, third -
party engagements, risk assessments, corporate governance issues, and the implementation of effective compliance programs.
She has extensive experience representing multinational companies and financial institutions with respect to anti-corruption and compliance matters, including advising clients on due diligence in connection with acquisitions and
joint ventures, third
party engagements, risk assessments, corporate governance issues and the implementation of effective compliance programs.
Representing a real estate developer in a
joint venture dispute regarding the sale of its partnership interest in a strip mall to a third -
party.
Her experience includes advising on disputes relating to exploration and development, production sharing contracts,
joint ventures, construction contracts, decommissioning, third
party access to infrastructure, gas sale and purchase agreements and transportation and processing agreements.
Acted in an LMAA arbitration involving a dispute over control of English ship - owning companies operated as vehicles for
joint venture between Greek
parties, plus related Court applications for interim relief under s. 44 of the Arbitration Act 1996
Advising on and conducting due diligence programmes relating to financial and corporate crime risks, for mergers and acquisitions,
joint ventures and other third
parties, including representatives, agents, suppliers, etc
The BC Court of Appeal has upheld an arbitrator's finding that triggering a shotgun clause terminated the selling
parties» interest in a
joint venture, thereby eliminating their entitlement to an... [more] Full article
Although the
joint venture agreement included a termination provision, the lack of specificity with respect to the consequences of termination left the
parties to litigate.
It is advisable to include details beyond how to effect termination in a
joint venture agreement rather than leave it to a court to infer the common intention of the
parties.
Although the appellant continued to work at the general practice dentistry clinic during his training, it was the understanding of the
parties the
joint venture would terminate, without winding - up the practice.
Mr. Chen has extensive experience in helping high - tech companies in Silicon Valley and China on building comprehensive patent portfolios and developing sophisticated international patent strategies, assessing, avoiding and responding to third -
party IP threats, inter partes reviews (IPRs) and reexaminations at the patent office, district court patent litigation, in - bound and out - bound technology licensing, and negotiating IP asset transactions such as mergers, acquisitions,
joint ventures and the like.
She deals with all types of property disputes including
joint venture and conveyancing disputes, trespass,
party wall and developer claims, professional negligence and rectification claims, the full range of landlord and tenant disputes encompassing breaches of covenant, forfeiture, insolvency, rent arrears, possession and service charge issues, business lease renewals and dilapidations claims.
Here, the
parties were together for 12 years and had established what could be described as a
joint family
venture.