Authored and edited by scholars and practitioners with practical expertise and international experience, this book provides a comprehensive overview of recent US and international developments concerning defaults in the JOA context:
Analysis and comparison of various international JOA model forms
Obstacles to enforcement of default remedies in civil law jurisdictions
Operator as defaulting party
Impact of governing law and dispute resolution clauses
Effect of insolvency
National oil company participation
Enforceability of forfeiture and buy-out provisions under English law after Makdessi
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