Common Contracts
1 similar Joint Venture Agreement contracts
Title: Marsman Drysdale Land, Inc. v. Philippine Geoanalytics, Inc. et al., G.R. Nos. 183374 & 183376Joint Venture Agreement • November 8th, 2024
Marsman Drysdale Land, Inc. (Marsman Drysdale) and Gotesco Properties, Inc. (Gotesco) formed a joint venture through a Joint Venture Agreement (JVA) on February 12, 1997, for a building project in Makati City, with a 50-50 capital investment where Marsman Drysdale contributed the land and Gotesco contributed monetary funds. Subsequently, a Technical Services Contract (TSC) was signed on July 14, 1997, engaging Philippine Geoanalytics, Inc. (PGI) to perform technical services for the project. PGI carried out certain work but was hampered from completing all duties due to alleged site access issues attributed to both partners’ failure to clear areas for drilling.
