03Mar
No pain, no gain – English court finds that interim payments under a joint venture contract should not be adjusted for cost overruns
Construction companies entering into joint venture (JV) contracts should be cautious of entering into agreements where the responsibility for, and timing of cost overruns is not tightly specified, to avoid unexpected surprises. Please see full...
By:
Hogan Lovells
Source Url: https://www.jdsupra.com/legalnews/no-pain-no-gain-english-court-finds-98884/
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