Insights
The dispute review board, an innovative technique developed by the construction industry to resolve disagreements, can also help keep joint ventures on track.
98% of disputes that have been referred to a dispute review board do not proceed to arbitration or litigation.
A neutral third party can be highly effective in resolving JV disputes – and can also fall flat.
JV agreements can be tailored to more effectively prevent, de-escalate, and resolve disputes.
Terminations of joint ventures and partnerships should not be surprising, but they often occur earlier than anticipated and can leave partners unprepared.
