‘Insufficient oversight by Barnet Council together with inadequate controls allowed a former member of staff to commit a £2m fraud at a joint venture, a report by auditors Grant Thornton has said.’
Local Government Lawyer, 24th September 2018
Source: www.localgovernmentlawyer.co.uk
‘Joint ventures can vary enormously in terms of their scope and nature and be pro-competitive and justified, but as businesses increasingly look to collaborate to innovate, the agreements are coming in for greater scrutiny from competition authorities.’
OUT-LAW.com, 18th June 2018
Source: www.out-law.com
‘A genial sheikh and an overly optimistic hotelier enter a joint venture to develop a chain of luxury hotels and an online travel business. What could possibly go wrong? Other than a global financial meltdown, the Greek debt crisis, a volcano in Iceland, threats of physical violence, blackmail, accusations of swindling, furtive double-dealing, rampant opportunism and – it turns out – breach of a contractual duty of good faith.’
Hardwicke Chambers, 16th May 2018
Source: www.hardwicke.co.uk
The Dow Chemical Co v Commission of the European Union (Case C-179/12P); [2013] WLR (D) 363
“For the purposes of establishing liability for participation in an infringement of article 101FEU of the FEU Treaty, where two parent companies each had a 50% shareholding in a joint venture company which had committed an infringement, and only in so far as the commission had demonstrated that both parent companies did in fact exercise decisive influence over the joint venture, those three entities could be considered to form a single economic unit and therefore form a single undertaking for the purposes of article 101FEU.”
WLR Daily, 26th September 2013
Source: www.iclr.co.uk
“Joint ventures between the public and private sectors are increasingly common. They are often a focus for vigorous political debate over issues such as the costs involved, the savings to the public purse, the profit to the private sector partner, and allegations of conflicts of interest. While those are political arguments on which Tribunals take no view, they do point to the significant public interests that are engaged when considering access to information. So said the Tribunal in David Orr v IC and Avon and Somerset Police Authority (EA/2012/0077), a recent decision notable for grappling with access to information about such a public/private joint venture.”
Panopticon, 11th October 2012
Source: www.panopticonblog.com
“The children of the late tycoon Lord Steinberg are fighting the rump of their father’s Stanley Leisure gambling empire in a multimillion-pound case at the high court in London.”
The Guardian, 10th July 2011
Source: www.guardian.co.uk
“The Competition Commission has provisionally concluded that a proposed joint venture among the UK’s biggest broadcasters will restrict competition in the supply of video on-demand (VOD) services in the UK.”
OUT-LAW.com, 3rd December 2008
Source: www.out-law.com
“The Competition Commission (CC) has extended the deadline for its investigation into a joint venture between the UK’s main broadcasters into next year. It has said that it will not be able to complete its inquiry by the initial date of 14 December.”
OUT-LAW.com, 11th August 2008
Source: www.out-law.com
“The Office of Fair Trading has today referred Kangaroo – the proposed video-on-demand joint venture between BBC Worldwide, ITV and Channel 4 – to the Competition Commission.”
The Guardian, 30th June 2008
Source: www.guardian.co.uk
© Inner Temple Library 2018