Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia

Construction industry is an important aspect of any countries economic development of as it is essential for creating industrial and social infrastructure. There are various methods deployed in construction industry in order to carry our construction projects successfully. Joint ventures are common...

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Bibliographic Details
Main Author:	Maidin, Ainul Jaria
Format:	Conference or Workshop Item
Language:	English
Published:	2009
Subjects:	K Law (General) TH Building construction
Online Access:	http://irep.iium.edu.my/1271/ http://irep.iium.edu.my/1271/1/Using_Alternative_Dispute_Resolution_for_Managing_Disputes_in_Joint_Venture_Construction_Projects_in_Malaysia.pdf

id	iium-1271
recordtype	eprints
spelling	iium-12712011-09-08T04:37:53Z http://irep.iium.edu.my/1271/ Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia Maidin, Ainul Jaria K Law (General) TH Building construction Construction industry is an important aspect of any countries economic development of as it is essential for creating industrial and social infrastructure. There are various methods deployed in construction industry in order to carry our construction projects successfully. Joint ventures are common phenomenon as it enable partnership or conglomerate formed either by individuals, business entities, corporations usually to share risk or expertise needed to successfully carry out project. JV is an association between two or more parties that combines and pool their respective expertise, financial resources, skills, experience, include equipment or intellectual property such as software, patents, and knowledge in the furtherance of a particular project or undertaking or a combination of all. JV's can generally be created for a single activity or project, and can be for a long or limited time span. JV's could be useful in times of global economic downturn and many parties tend to embark on JV projects to lessen the risks involved in their undertakings. The issue is that conflict and disputes are unavoidable due to the complex nature of the construction industry and the involvement of many parties in the contractual chain, adversarial relationship, uneven risk allocation and uneven bargaining power. Construction contracts very often contain specific clauses on arbitration of disputes, however, litigation and arbitration processes can be very expensive and parties are often faced with high legal fees. This article seeks to examine the viability of other mechanisms of Alternative Dispute Resolution Processes as an addition to the litigation and arbitration in the Malaysian construction industry which are currently prevalent in resolving disputes. 2009 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/1271/1/Using_Alternative_Dispute_Resolution_for_Managing_Disputes_in_Joint_Venture_Construction_Projects_in_Malaysia.pdf Maidin, Ainul Jaria (2009) Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia. In: The Fifth International Conference on Multi-National Joint Ventures for Construction Works, October 21-22, 2009, Kuala Lumpur.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	K Law (General) TH Building construction
spellingShingle	K Law (General) TH Building construction Maidin, Ainul Jaria Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
description	Construction industry is an important aspect of any countries economic development of as it is essential for creating industrial and social infrastructure. There are various methods deployed in construction industry in order to carry our construction projects successfully. Joint ventures are common phenomenon as it enable partnership or conglomerate formed either by individuals, business entities, corporations usually to share risk or expertise needed to successfully carry out project. JV is an association between two or more parties that combines and pool their respective expertise, financial resources, skills, experience, include equipment or intellectual property such as software, patents, and knowledge in the furtherance of a particular project or undertaking or a combination of all. JV's can generally be created for a single activity or project, and can be for a long or limited time span. JV's could be useful in times of global economic downturn and many parties tend to embark on JV projects to lessen the risks involved in their undertakings. The issue is that conflict and disputes are unavoidable due to the complex nature of the construction industry and the involvement of many parties in the contractual chain, adversarial relationship, uneven risk allocation and uneven bargaining power. Construction contracts very often contain specific clauses on arbitration of disputes, however, litigation and arbitration processes can be very expensive and parties are often faced with high legal fees. This article seeks to examine the viability of other mechanisms of Alternative Dispute Resolution Processes as an addition to the litigation and arbitration in the Malaysian construction industry which are currently prevalent in resolving disputes.
format	Conference or Workshop Item
author	Maidin, Ainul Jaria
author_facet	Maidin, Ainul Jaria
author_sort	Maidin, Ainul Jaria
title	Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
title_short	Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
title_full	Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
title_fullStr	Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
title_full_unstemmed	Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia
title_sort	using alternative dispute resolution for managing disputes in joint venture construction projects in malaysia
publishDate	2009
url	http://irep.iium.edu.my/1271/ http://irep.iium.edu.my/1271/1/Using_Alternative_Dispute_Resolution_for_Managing_Disputes_in_Joint_Venture_Construction_Projects_in_Malaysia.pdf
first_indexed	2023-09-18T20:08:31Z
last_indexed	2023-09-18T20:08:31Z
_version_	1777407320427331584

Using alternative dispute resolution for managing disputes in joint venture construction projects in Malaysia

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