Most international joint
venture agreements require that the parties to refer disputes to international arbitration.
Not exact matches
Unless your employment
agreement requires you to come clean about your after - hours
venture, Slim recommends staying mum with managers and colleagues.
But Fortress and Dune argue in court papers that, as per the terms of their joint -
venture agreement, Eichner is
required to settle the matter in arbitration — and only after a default is declared.
Accordingly, should the interpretation of the joint
venture agreement or the issue of performance be governed by the laws of Canada, the purely «contractual» joint
venture may
require the members of the joint
venture to act towards other partners to the joint
venture with a duty akin to a partner's fiduciary duty.
While the
agreement required a degree of ongoing co-operation, it was not a true joint
venture, nor could it accurately be described as a contract for «personal services».