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 Mooresville, 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 Mooresville 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
Contracts sometimes have clauses that mandate resolution outside of court. Methods for reaching out of court solutions are often called Alternative Dispute Resolution or ADR. Mediation and Arbitration are included in the concept of ADR. All forms 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 determination based on local law. An attorney familiar with ADR in Mooresville can counsel you through the process if your business dispute is to be resolved by ADR.