Several different grounds can give rise to Business disputes in Vermont. 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 Colchester, Vermont 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. In trying to discover the best resolution for two parties who have not agreed beforehand on a resolution, Vermont 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 Colchester are versed in the contract law of Vermont, and can help you to handle the dispute should it go to court. 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 is designed to reach the same conclusion as a court, but without the cost and inconvenience of actually appearing before a judge. Nevertheless, each type of ADR carries its own set of protocol, often involving a neutral third party that resolves the conflict according to the law. If ADR is to be used in resolving your dispute, an attorney in Colchester familiar with ADR procedures can help you develop your case.