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 Waverly, 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. If there are no relevant documents, or the contracts do not have resolution clauses, then the dispute may need to be taken to court. 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. Each state has different business laws about dispute resolution and contract law. An attorney practicing in Waverly can help you handle your dispute in accordance with the applicable Iowa laws. Resolution of the dispute may even be reached outside of court once an attorney's knowledge of the law smoothens negotiations between the two parties.
Alternative Dispute Resolution
Contracts often have clauses requiring that a dispute be handled outside of court. This is called Alternative Dispute Resolution or ADR, and it includes 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. If ADR is to be used in resolving your dispute, an attorney in Waverly familiar with ADR procedures can help you develop your case.