Blog Bite: Why is an operating agreement important for protecting the joint venturer's individual interests?

March 12, 2014

This article posted on our partner site talks about how joint venturers may be found jointly and severally liable to their counterparties. Joint venturers should proactively plan for the arrangement between them for managing the JV operations and allocating risk and liability.

This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!

Nature of Relationship
Joint Venture Agreement

Written by Alina.