Several different grounds can give rise to Business disputes in Virginia. Often, businesses will disagree over the exact meaning of terms found in contracts or prior oral agreements. Billing issues and property matters also commonly form grounds for disagreements between businesses.
What to Do in a Business Dispute?
If you are involved in a business dispute in Franklin, Virginia you should first review any relevant documents, including past and current contracts. These documents may contain clauses that dictate how and where you should handle a dispute. Not all contracts have dispute resolution clauses, of course, and sometimes neither business has any documents relevant to the dispute at all. If that is the case, a court may be needed to resolve the dispute. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Virginia courts will use particular legal principles designed for the situation. There are laws specific to each state that govern how to approach dispute resolution. Attorneys practicing in Franklin are best suited to offer advice in accordance with Virginia law. Discussion with the other business about how to resolve the dispute may also proceed more smoothly under the direction of an attorney, avoiding the need to go to court.
Alternative Dispute Resolution
Disputes in contracts must often be resolved outside of court according to a dispute resolution clause. Methods of resolving a conflict outside of court are called Alternative Dispute Resolution or ADR. These methods include Mediation, Arbitration and Collaboration. 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 Franklin can counsel you through the process if your business dispute is to be resolved by ADR.