Blog Bite: Do the exchanges in a joint venture agreement ever constitute a security interest?

January 28, 2014

This article posted on our partner site points out the effect the Personal Property Securities Act (PPSA) can have upon documentation for joint ventures. For example, its broadened definition of security interests could apply to typical exchanges of rights (e.g., cross securities, acquisition in the event of default) between parties to a joint venture, therefore requiring registration to be completed.

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Joint Venture Agreement

Written by Alina.