There are many grounds that can lead to business disputes in Maryland. 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?
If involved in a business dispute in Elkton, Maryland, reviewing any relevant documents, especially contracts, should be the first step. These documents may determine how the dispute will be resolved. If there are no relevant documents, or the contracts do not have resolution clauses, then the dispute may need to be taken to court. Maryland courts will look to your individual 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. Disputes over contracts and other agreements are handled differently depending on the laws of each state. Attorneys in Elkton know the laws of Maryland, and can offer individualized advice for those involved in business disputes. 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
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 is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each type of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. An attorney specialized in Alternative Dispute Resolution can help you with your business dispute in Elkton if it is to be resolved out of court.