
Can a partner of a joint venture enter into contract with the JV?
Please cite relevant case law or provision.
It’s not a matter of case law, it’s a simple matter of contract.
It’s actually very common in, for example, the construction business. A JV may be formed by a number of firms to bid on a large project, and then the JV as an entity hires various of its own partners to perform the work as subs. Some large oil field exploration contracts work that way too.
Richard
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It’s not a matter of case law, it’s a simple matter of contract.
It’s actually very common in, for example, the construction business. A JV may be formed by a number of firms to bid on a large project, and then the JV as an entity hires various of its own partners to perform the work as subs. Some large oil field exploration contracts work that way too.
Richard
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Why not?. Share holder is differnet form job.
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