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The Legal System of the Interim Companies Union (Consortium) | ||
| Journal of college of Law for Legal and Political Sciences | ||
| Article 1, Volume 7, 24 part 1, 2018, Pages 216-266 PDF (0 K) | ||
| Author | ||
| Abstract | ||
| The legal Regulation of The temporary Union of companies (Consortium). As a result of global and economic shifts and developments new mechanisms have emerge for the implementation of mega-projects. Among these mechanisms is the temporary Union of companies (Consortium) that has spread among the world's leading companies very quickly as a strategy aimed at growth and expansion and replacement of the competitive relationship by cooperation and thus achieving the principle of complementarity between the allied companies. This alliance is achieved by the participation of two or more companies to meet a great demand exceeds the ability of each party in order to form a mutually complementary relationship serves to maximize the benefit from the shared resources in a competitive dynamic climate accommodating variables in various industrial, commercial, financial, cultural and other fields. This alliance is not just a legal contract signed by his parties but the concept of partnership goes beyond to be a strategic decision and a fateful classified as expansion, growth and attack strategies. It also features a mysterious relationship between the companies because of this relationship in which cooperation is mixed with competition, which lends to the conduct of the management of this relationship the complex nature. In the midst of all that and the scarcity of books in the field of the consortium, we have been able, thank God to fulfill this research, which we dealt with the essence of this system and distinguish it from the others and the declaration of its types, characteristics and goals in the first section and the regulation of diverse relations and ways of its terminating in the second section and then an epilog that included deductions and recommendations. | ||
| Keywords | ||
| The Legal System; the Interim Companies Union; Consortium | ||
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