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 Berea, 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. Disputes over contracts and other agreements are handled differently depending on the laws of each state. Lawyers in Berea know the laws of Kentucky, and can offer individualized advice for those involved in business disputes. Discussion with the other business about how to resolve the dispute might also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
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 makes going to court unnecessary, because it is designed to reach the same result that a court would have. Still, some methods of ADR entail their own formal procedures, most enlisting a third party to determine a dispute based on local law just as a judge would do. An attorney experienced with ADR in Berea can counsel you through the process if your business dispute is to be resolved by ADR.