There are several grounds that can lead to business disputes in Kentucky. Business may disagree about the terms of contracts and prior arrangements. Billing issues, property matters and other grounds can also give rise to disputes between businesses.

What to Do in a Business Dispute?

The first step when involved in a business dispute in Alexandria, Kentucky 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 the contracts do not have resolution clauses, or neither business has any recorded documents relevant to the dispute, then the matter might need to be taken to court. Kentucky 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 specific set of legal principles is used instead. There are laws specific to each state that govern how to approach dispute resolution. Lawyers practicing in Alexandria are best suited to offer advice in accordance with Kentucky law. Negotiations might also proceed more smoothly when an attorney is consulted, which may even lead to a resolution outside of court.

Alternative Dispute Resolution

Contracts often have terms 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. All types of ADR are designed to reach the same decision a court would have, without needing to actually go to court. They carry their own sets of procedures and protocols, and they often involve a neutral third party listening to both sides of a dispute and making a decision based on local law. An attorney experienced in Alternative Dispute Resolution can help you with your business dispute in Alexandria if it is to be resolved out of court.