In Iowa, 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?
If a business dispute should happen in Independence, Iowa, you should review any documents that are relevant to the disagreement, especially contracts. These documents may have clauses that must be followed when considering how to resolve the dispute. Not all contracts have dispute resolution clauses, of course, and sometimes neither business has any documents relevant to the dispute at all. If that is the case, a court may be needed to resolve the dispute. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Iowa courts will use particular legal principles designed for the situation. The fields of contract law and dispute resolution are defined by local state law. Independence attorneys are accustomed to handling disputes under Iowa law, and can offer personalized advice for all types of business disputes. Discussion with the other business about how to resolve the dispute may also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
Alternative Dispute Resolution
Many contracts have terms that will determine 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 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 Independence can counsel you through the process if your business dispute is to be resolved by ADR.