Deleted user
posted 2 years ago
Buying out party's interest in Joint venture
In a joint venture contract, whether one party would receive the opportunity to buy out the other party's interest in the venture under agreed-upon circumstances, and if so, for what price?
  • United Kingdom
  • Commercial and Business Law
  • Contract

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Deleted user
posted 2 years ago
Yes, it can happen so if there is a clause in the agreement. If not, there is a way to chalk it out mutually if so required with the consent of both the parties. Price can be decided as per the efforts and capital infusion if any or as mutually agreed upon