In North Carolina, business disputes commonly occur over a variety of different matters. Most often, businesses can disagree on the terms of contracts and prior arrangements. Property matters and billing issues also frequently form the basis of disputes between businesses.
What to Do in a Business Dispute?
In a business dispute in Mocksville, North Carolina, the parties should first go over any relevant documents, especially contracts. There may be terms in these documents that determine how to handle the dispute. If the contracts do not have resolution clauses, or neither business has any recorded documents relevant to the dispute, then the matter 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, North Carolina courts will use particular legal principles designed for the situation. The laws designed to settle contract disputes are different in each state. Attorneys practicing in Mocksville are versed in the contract law of North Carolina, and can help you to handle the dispute should it go to court. With an attorney's knowledge of the law, the parties of a dispute may be able to avoid going to court entirely, since negotiations often proceed more smoothly with representation.
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 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 decide 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 Mocksville familiar with ADR procedures can help you develop your case.