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Unincorporated Joint Venture
(redirected from Unincorporated Joint Ventures)

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Unincorporated joint venture
A joint venture in which the legal means of dividing the project's equity is by shareholdings in a company.

Unincorporated Joint Venture
A joint venture where the parties do not form a corporation. That is, an unincorporated joint venture is either an ad hoc project or legally structured as a partnership.


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Macarthur Coal's mines and exploration tenements are held within unincorporated joint ventures, a structure which has allowed the Company to gain significant strategic benefits by involving other parties in its projects.
b) The Corporation is contingently liable for the usual contractor's obligations relating to performance and completion of construction contracts and for the obligations of its associates in unincorporated joint ventures.
Macarthur Coal's mines and exploration tenements are held within unincorporated joint ventures, a structure which has allowed the Company to gain significant strategic benefits by involving other parties in its projects.
 
 
 
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