In Colorado, 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?
The first step when involved in a business dispute in Aspen, Colorado should be to review any documents relevant to the matter, such as contracts. It might have already been determined in these documents how disputes will be handled. If there are no dispute resolution clauses in the contracts, or there are no attending documents at all, the parties might always resort to the courts to resolve the dispute. Colorado courts will look to your particular case and try to discover the best resolution. In determining the outcome, they will use a specific set of legal principles designed for situations where the parties have not agreed beforehand on how to handle a dispute. The laws designed to settle contract disputes are different in each state. Lawyers practicing in Aspen are versed in the contract law of Colorado, and can help you to handle the dispute should it go to court. Resolution of the dispute might even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Most contracts have terms that will decide how a dispute is handled. These are often referred to as Alternative Dispute Resolution or ADR clauses. These methods of resolution include Mediation and Arbitration, among others. ADR focuses on reaching the same resolution that a court would have, without the parties actually going to court. Methods of ADR often involve their own protocols, occasionally bringing in a third party to find a solution based on local law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Aspen if it is to be resolved out of court.