A joint venture company was able to enforce a joint venture agreement despite not being a direct party or signatory to it. Canon Medical Systems, a manufacturer of medical imaging equipment, entered into an agreement with The Imaging Centre to create a new joint venture company, TIC Mobile. Under the agreement, CMS would sell transportable units containing MRI and CT scanners to Mobile, who would then rent them out to clients … (more)
[A&O Shearman, 13 December 2023]
Leave a Reply