Fiduciary Obligations and Joint Ventures: The Collaborative Fiduciary Relationship

By Gerard M.D. Bean

The joint operating agreement is a commercial contract extensively used in oil and gas joint ventures, where one co-venturer manages the venture under the supervision of the other co-venturers. The English courts have yet to pronounce whether a joint operating agreement (JOA) establishes a fiduciary relationship between its co-venturers and whether fiduciary duties are created by it. This book reviews whether a joint operation agreement, as an example of a joint venture, is a fiduciary relationship and fiduciary duties which may apply to resources companies as co-venturers. This book will be essential reading for anyone working in the area of energy and natural resources law as well as equity lawyers and anyone interested in joint ventures.

• Format: Hardcover
• Language: English
• ISBN: 019825928X
• ISBN13: 9780198259282
• Release Date: May 1995
• Publisher: Oxford University Press
• Length: 358 Pages
• Weight: 1.58 lbs.
• Dimensions: 9.5" x 1.0" x 6.4"