COVID-19 – IMPACT ON JOINT VENTURE TRANSACTIONS

Rob Morson, Partner, Pinsent Masons, South Africa speaks on the likely impact on JV transactions due to the Corona Virus Pandemic. According to him, joint ventures parties are sometimes motivated more by the desire to secure a contract than the object of delivering it. Far too often joint ventures are formed in a haste without appropriate consideration for the delivery objective. When projects face foreseeable risks, joint venture members are generally well prepared and equipped to deal with these. However, unforeseeable risk like COVID-19 presents a greater problem.  Listen to the webinar below.