● The conclusions are not saying that ATP-funded joint ventures led to less patenting; rather, ATP joint venture participants (especially small companies) did not patent as much as small company single applicants during the active project period.
It seems to me that as a matter of substance, Sterling has more sensible legal avenues, like just plain old breach of contract (as both Professors Grieb and McCann point out, the league rules don't clearly permit expulsion in these circumstances) or breach of fiduciary duty (joint venture participants usually owe one another such duties) or the so-called warranty of good faith and fair dealing.
Interestingly enough, LNG Canada made a final investment decision without first securing the usual long-term off-take contracts that have typically been used to underpin projects, instead being a joint venture with five participants and an equity financing structure.
In 2008, Participant formed a joint venture with Imagenation Abu Dhabi, a division of the government-owned Abu Dhabi Media Company, to finance its films.
Kamaz, Moscow State University, the Central Institute of Economics and Applied Mathematics, the Space Research Institute, and the Soviet Experimental Computer Center at the National Exhibition of Economic Achievements were all original participants in the joint venture.
Either way, Participant and its partners, including Pantelion Pictures, a joint venture between the Lionsgate entertainment company and the Mexican media giant Televisa, are mostly staying outside the fray.
A 1982 paper by Joseph Brodley, an antitrust expert formerly of Boston University, explained that "the joint venture provides an effective means of enforcing 'cartel law', because one participant may punish the other by withholding continuing co-operation essential for joint-venture success".Despite this red light, the CFC appears to be close to approving the purchase.
Look at the experience of one workshop participant, whose organization was an equal partner in a poorly performing joint venture.
The Harbert-Jones joint venture submitted some of the winning bids for the contracts and paid other participants to inflate their proposals, the records show.
One joint venture was Suiza Foods.
