SUMMARY
This article considers legal and practical issues that arise in joint venture disputes that proceed to arbitration. In particular, this article considers problems arising out of (1) not having all parties involved with the joint venture (and therefore potentially involved in the dispute) named as signatories to the arbitration agreement, (2) limitations on the powers of arbitrators appointed to resolve joint venture disputes, and (3) difficulties associated with valuing the joint venture for the purposes of the arbitration. The paper suggests practical steps that can be taken to deal with these problems including at the drafting stage.
Business Law Review