Business disputes are fairly common, often occurring when two parties have
a disagreement over the terms of a contract they have both entered into.
Business disputes can arise from a number of other situations as well,
including property issues and billing disagreements.
While many business disputes are minor and quickly resolved, many others
can become costly, contentious, and can impact your day-to-day operations.
At the Law Offices of Dan Chern, P.C., our experienced Plano business
attorney can help you with nearly any business dispute, regardless of
how contentious it has become.
Resolving the Issue Directly
Hiring an attorney shortly after a dispute arises can be hugely beneficial.
A knowledgeable business attorney can look at the terms of a contract,
and can provide counsel as to how enforceable the terms of a contract
are. If language is vague or non-specific, an attorney can help determine
how it will most likely be interpreted by a court.
Armed with this information and a legal perspective of your dispute, you
can then try to resolve your dispute with the other party. Mediation can
be extremely helpful at this point, as a third-party mediator can help
facilitate discussion and negotiation to resolve the issue.
If the issue cannot be resolved between the parties themselves, it may
be necessary to seek arbitration per the terms of your contract. Arbitration
is generally a binding process in which a third party hears the arguments
of both sides, and makes a binding decision to resolve the dispute.
Keep in mind, binding arbitration will generally take the place of litigation.
If your contract requires you to participate in a binding arbitration
process to resolve disputes, then you must adhere to the decision of the
arbitrator or face consequences for breach of contract.
As a method to resolve business disputes, litigation should generally be
your last resort. This is because litigation can be time-consuming, costly,
and is certainly not guaranteed to give you the results you want. However,
the reality is that many cases must be taken to court when neither party
can reach an agreement. While an attorney is extremely helpful in the
earlier steps, legal counsel is necessary if the dispute has reached the
point of litigation.
Involved in a Business Dispute? Call (972) 200-3078 Today.
At the Law Offices of Dan Chern, P.C., our Plano business attorney has
nearly two decades of experience in business law. Whether you are simply
trying interpret the terms of a contract, or are trying to enforce them
through litigation, we can provide the knowledgeable counsel needed to
obtain the best possible results on your behalf.
Ignoring business disputes can cause serious problems for your company.
Call our firm today for experienced counsel.