Various 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 Smithfield, 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. If there are no relevant documents, or the contracts do not have resolution clauses, then the dispute may need to be taken to court. Where the parties have not agreed beforehand about how to handle disputes, legal principles have been designed to determine the resolution. When they are called upon, Virginia courts try to discover the best resolution by looking to the facts of the particular situation presented. Disputes over contracts and other agreements are handled differently depending on the laws of each state. Attorneys in Smithfield know the laws of Virginia, 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
Sometimes contracts themselves require that disputes under them be resolved outside of court. Methods of conflict resolution of this type are called Alternative Dispute Resolution or ADR. ADR includes Mediation, Arbitration and sometimes a combination of the two. 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 specialized in Alternative Dispute Resolution can help you with your business dispute in Smithfield if it is to be resolved out of court.