How Do Business Disputes Arise in Arkansas?
In Arkansas, there are many 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 Jacksonville, 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 Jacksonville are versed in the contract law of Arkansas, and can help you to handle the dispute should it go to court. Negotiations may also proceed more smoothly when an attorney is consulted, which may even lead to a resolution outside of court.
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Alternative Dispute Resolution
Contracts sometimes have clauses that mandate resolution outside of court. Methods for reaching out of court solutions are often called Alternative Dispute Resolution or ADR. Mediation and Arbitration are included in the concept of ADR. ADR eliminates the need to go to court, while attempting to reach the same resolution that a court would have. Different types of ADR involve their own procedures, however, and they often include a neutral third party making a determination based on local law. An attorney familiar with ADR in Jacksonville can counsel you through the process if your business dispute is to be resolved by ADR.