How Do Business Disputes Arise in Arkansas?
In Arkansas, there are several different grounds that can lead to a business dispute. Often, prior agreements and contracts have terms that the businesses disagree upon. Disputes can also occur over property matters, billing issues or other disagreements.
What to Do in a Business Dispute?
In a business dispute in Greenbrier, Arkansas, the parties should first go over any relevant documents, especially contracts. There may be terms in these documents that determine how to handle the dispute. However, the dispute may need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Arkansas courts look to the individual cases in determining the best resolution. Where two parties have not agreed beforehand on how to handle a dispute, a particular set of legal principles is used instead. The laws designed to settle contract disputes are different in each state. Attorneys practicing in Greenbrier are versed in the contract law of Arkansas, and can help you to handle the dispute should it go to court. An attorney's knowledge of the law may also lead to a more streamlined discussion with the other business about how to resolve the dispute. Negotiations may even enable you to resolve the dispute without going to court.
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Alternative Dispute Resolution
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this type are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. ADR is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each type of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. An attorney specialized in Alternative Dispute Resolution can help you with your business dispute in Greenbrier if it is to be resolved out of court.