In New Mexico, business disputes commonly occur over a variety of different matters. Most often, businesses can disagree on the clauses 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 Bosque Farms, New Mexico, reviewing any relevant documents, especially contracts, should be the first step. These documents might decide 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 might need to be taken to court. New Mexico courts look to the individual cases in determining the best resolution. Where two parties have not agreed beforehand on how to handle a dispute, a specific set of legal principles is used instead. Disputes over contracts and other agreements are handled differently depending on the laws of each state. Lawyers in Bosque Farms know the laws of New Mexico, and can offer individualized advice for those involved in business disputes. Discussion with the other business about how to resolve the dispute might also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
Alternative Dispute Resolution
Contracts occasionally 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. ADR eradicates 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 decision based on local law. If ADR is to be used in resolving your dispute, an attorney in Bosque Farms specialized with ADR procedures can help you develop your case.