Open AccessThe Legal Status of the Joint Venture
Author(s) -
Robert Flannigan
Publication year - 2009
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr223
Subject(s) - joint venture , lexicon , legal status , joint (building) , law , political science , law and economics , business , sociology , engineering , linguistics , business administration , philosophy , architectural engineering
Commercial actors commonly describe their group undertakings as joint ventures. That practice has infiltrated the judicial lexicon and appears to be fostering a supposition on the part of some judges that a joint venture is a distinct legal form. The supposition is unwarranted. A review of the American, English, Australian, and Canadian case law and commentary discloses no substantive basis for the claim of distinct status.