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 Fort Thomas, 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. However, the dispute might need to be taken to court if contracts do not have resolution clauses, or if there are no documents relevant to the dispute. Kentucky 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 fields of contract law and dispute resolution are defined by local state law. Fort Thomas Lawyers are accustomed to handling disputes under Kentucky law, and can offer personalized advice for all types of business disputes. With an attorney's knowledge of the law, the parties of a dispute might be able to avoid going to court entirely, since negotiations often proceed more smoothly with representation.
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. If ADR is to be used in resolving your dispute, an attorney in Fort Thomas familiar with ADR procedures can help you develop your case.