Dispute resolution clauses made for joint ventures | KPMG | SG

Dispute resolution clauses made for joint ventures

Dispute resolution clauses made for joint ventures

Dispute resolution procedures in joint ventures are important. The potential damage and disruption a failed joint venture or alliance can cause to a business is not something that’s commonly tracked, but it is something that is very noticeable when it actually happens.

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Designing clear and fair dispute resolution procedures can be your best bet against potential damage when a dispute arises. In this issue, we explore certain design options which ought to be considered when drafting these clauses, with the aim to take the sting out of a potential dispute and resolve the issue in an amicable manner.

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