Joint Ventures are risky endeavors. During this session, you’ll learn how to identify and understand the various risks associated with a joint venture, including your exposure to joint and several liability. Through an evaluation of the AIA’s newly updated C101-2018, Joint Venture Agreement for Professional Services, the presenters will examine how practitioners can properly structure their joint venture relationship and mitigate risks through contractual provisions. By attending this program, attendees will gain valuable information to assist them to better understand joint venture relationships and how to identify, understand, and manage the unique risks posed by joint venture relationships.
Joint Ventures with Other Design Professionals: What You Should Know
- AIA Contract Documents
Disclaimer: The information contained in this article is for general informational purposes only, and the views contained herein are the author’s own. It is not legal advice or legal opinion; it does not create any attorney-client relationship; and it may not be used to indicate any intent or to inform any interpretation of ACD’s documents or services, which the AIA Documents Committee separately creates. If you need advice, seek the help of an attorney or other qualified professional who can help you make decisions based on the specifics of your situation.