![]() ![]() In the joint venture contract and, as far as possible, in the articles of association of the joint venture company, a deadlock should be addressed to avoid its occurrence in the first place. The risk of a deadlock should be considered already when setting up a joint venture company. However, in many cases the statutory provisions do not lead to a satisfactory result. Depending on the applicable law, the liquidation of the company or, if possible, the redemption of shares of a joint venture partner are to be considered. Without corresponding provisions in joint venture contracts, deadlock can only be resolved based on legal regulations, which are sometimes quite vague, especially in developing and emerging countries. Legal difficulties can also arise if, for example, the company is no longer able to meet its reporting and publication obligations due to the deadlock. If, for example, the shareholders cannot agree on financing issues, the company may be threatened with insolvency. Insights M&A Vocabulary – Understanding Experts: DeadlockĪ deadlock between the joint venture partners can threaten the existence of the joint venture company. Rödl & Partner World Market Leader Index Germany." How Political Ideology Influences Charitable Giving." Accessed Nov. " The Politics of Donations: Are Red Counties More Donative Than Blue Counties?" Accessed Nov. " Not Everybody Can Work From Home." Accessed Nov. " Racial Differences in Hypertension: Implications for High Blood Pressure Management." Accessed Nov. The American Journal of the Medical Sciences. " Asthma and Ethnic Minorities: Socioeconomic Status and Beyond." Accessed Nov. 19, 2021.Ĭurrent Opinion in Allergy and Clinical Immunology. Why Are Planes Still Flying?" Accessed Nov. " 15 Deaths in the Airline Industry in 9 Days Linked to Coronavirus. " Expendable Workers: Being Called 'Essential' Only Describes the Work and Not the People Doing It." Accessed Nov. " The Price of Being 'Essential': Latino Workers Bear Brunt of Coronavirus." Accessed Nov. ![]() " 'At War With No Ammo’: Doctors Say Shortage of Protective Gear Is Dire." Accessed Nov. " Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response." Accessed Nov. " 51-3023, Slaughterers and Meat Packers." Accessed Nov. " COVID-19 Among Workers in Meat and Poultry Processing Facilities-19 States, April 2020." Accessed Nov. 19, 2021.Ĭenters for Disease Control and Prevention. " Introduction to COVID-19 Racial and Economic Disparities." Accessed Nov. " Critique of the Gotha Program." Progress Publishers, 1970.Ĭenters for Disease Control and Prevention. " The World's Billionaires: 25th Anniversary Timeline." Accessed Nov. " Updated Estimates of the Impact of COVID-19 on Global Poverty: Turning the Corner on the Pandemic in 2021?" Accessed Nov. " World's Billionaires List: The Richest in 2021." Accessed Nov. What assets do people own to tide them over during difficult times and to help them invest in new opportunities? These differences matter for several reasons.įorbes. The essence of economic equality is how much money the least well off make compared to the most well off-and how wealth is distributed in a society. Well-educated and well-informed people disagree about whether economic inequality should be reduced, to what extent, and through what means.Chronically marginalized groups are contracting and dying from the virus at higher rates, and those who can't afford health insurance-as well as workers in demanding and dangerous but low-paid "essential" jobs-are at greater risk. The COVID-19 pandemic has highlighted economic inequalities.Most Americans believe in meritocracy, the idea that people advance in wealth and status through hard work, not privilege, but inequality of opportunity can limit upward mobility.A basic definition of economic inequality refers to the disparities in incomes and wealth in a society.
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