Deadlock

Resource type: Glossary item

Status: Maintained

Jurisdiction: United Kingdom

Where the parties to an agreement have an irreconcilable conflict. This term is often used in connection with 50:50 joint ventures (www.practicallaw.com/A35536) where neither party to the joint venture has a majority and a conflict arises over the management of the joint venture. Joint venture agreements commonly contain deadlock provisions to resolve such situations.

For further information, see Practice note, Termination: joint ventures: Default or deadlock (www.practicallaw.com/3-107-3584).

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  • Resource ID: 1-107-6041
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  • Joint VenturesJoint Ventures (http://corporate.practicallaw.com/8-103-1308)
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