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United States Joint Ventures: Transideological and Otherwise

United States Joint Ventures: Transideological and Otherwise TOPI C III.A.1. PETE R W. SCHROTH United States Joint Ventures: Transideological and Otherwise A report for the United States on the law relating to joint ven­ ture s between parties from countries with different political and economic systems faces at the threshold two barriers to understand­ ing and one minor difficulty. The first barrier to understanding is th e lack of any agreement on the meaning of the term "joint ven­ ture" ; although I will be somewhat more specific about this point be­ low, in general my response is t o paint in broad strokes applicable to almost anything anyone might consider a joint venture. Perhaps the reader who is interested only in joint ventures answering some nar­ rower definition will take some comfort from my assertion that in U.S. law almost nothing ever turns on whether an arrangement is or is not technically a joint venture as opposed to a partnership or some other form of enterprise. The second barrier to understanding is the lack of any agree­ ment on the meaning of "different political and economic systems." We used to speak—and ordinarily most of us still speak—of "East- West joint ventures." By this we mean, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Journal of Comparative Law Oxford University Press

United States Joint Ventures: Transideological and Otherwise

American Journal of Comparative Law , Volume 38 (suppl_1) – Dec 1, 1990

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Publisher
Oxford University Press
Copyright
© 1990 The American Association for the Comparative Study of Law, Inc.
ISSN
0002-919X
eISSN
2326-9197
DOI
10.2307/840542
Publisher site
See Article on Publisher Site

Abstract

TOPI C III.A.1. PETE R W. SCHROTH United States Joint Ventures: Transideological and Otherwise A report for the United States on the law relating to joint ven­ ture s between parties from countries with different political and economic systems faces at the threshold two barriers to understand­ ing and one minor difficulty. The first barrier to understanding is th e lack of any agreement on the meaning of the term "joint ven­ ture" ; although I will be somewhat more specific about this point be­ low, in general my response is t o paint in broad strokes applicable to almost anything anyone might consider a joint venture. Perhaps the reader who is interested only in joint ventures answering some nar­ rower definition will take some comfort from my assertion that in U.S. law almost nothing ever turns on whether an arrangement is or is not technically a joint venture as opposed to a partnership or some other form of enterprise. The second barrier to understanding is the lack of any agree­ ment on the meaning of "different political and economic systems." We used to speak—and ordinarily most of us still speak—of "East- West joint ventures." By this we mean,

Journal

American Journal of Comparative LawOxford University Press

Published: Dec 1, 1990

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