The Exploration of the Legal Framework and the Practice Relating to “Joint Ventures” in Ethiopia
No Thumbnail Available
Date
2010-12
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
This is a comparative research work on the law and practice of “joint venture”
in Ethiopia with an objective of exploring the various available legal
frameworks there for and the associated problems therein. In this small LLM
thesis, it has been endeavored to overview the various joint venture legal
structures in different jurisdictions and to also compare and contrast these ‘joint
venture’ frameworks with those “joint ventures” in Ethiopia. The paper finally
comes up with some conclusions drawn from the legal loopholes and the
practical problems observed in the practices, and it also recommends some
pragmatic legal frameworks to be put in place for the proper practice of joint
ventures so as to address the increasingly pressing needs for such joint venture
arrangements. The term ‘joint venture’ has been put in quotation all over the
paper, to indicate that this term is not necessarily referring to the Joint Venture
provided under the 1960 Commercial Code, but rather to the ‘joint venture’ in
its broader sense as conceived worldwide.
Description
Keywords
This is a comparative research work, on the law and practice of “joint venture”