In New Jersey, 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?
If involved in a business dispute in North Wildwood, New Jersey, reviewing any relevant documents, especially contracts, should be the first step. These documents may determine how the dispute will be resolved. 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. New Jersey courts may use legal principles to determine the outcome when the parties have not agreed beforehand about how to handle a dispute. In so doing, they look carefully to a particular case to discover the best resolution for all involved. Disputes over contracts and other agreements are handled differently depending on the laws of each state. Attorneys in North Wildwood know the laws of New Jersey, 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 eliminates the need to go to court, while attempting to reach the same resolution that a court would have. Different types of ADR involve their own procedures, however, and they often include a neutral third party making a determination based on local law. An attorney familiar with ADR in North Wildwood can counsel you through the process if your business dispute is to be resolved by ADR.