This Practice Note addresses related-party (also referred to as affiliate or insider) transactions entered into between a joint venture entity (JV) and its related parties. It discusses conflicts that may arise when a controlling equityholder of a JV (JV party) enters into an agreement with the JV, contractual safeguards that may protect the other JV parties against these conflicts, default controller fiduciary duties and when these fiduciary duties may be waived or eliminated, judicial standards of review of related-party transactions, and considerations when drafting related-party agreements as part of a JV transaction.