What Is Commercial Dispute Resolution?

What Is Commercial Dispute Resolution?

Legal issues can disrupt many aspects of your everyday life, especially when it comes to commercial disputes. Generally speaking, commercial dispute resolution involves ending a disagreement between two parties through legal discussions, court proceedings or alternative dispute resolution (ADR).

Whether you would like to understand more about dispute resolution or need advice and support, the team at Eatons are here to help. In this blog, we will be looking at the different forms of dispute resolution and how best to tackle them.

What is a Commercial Dispute Resolution?

A commercial dispute resolution can include negotiations between parties, court litigation and alternative dispute resolution (ADR).

ADR refers to the method of resolving a dispute outside of a court system, helping parties work together to reach a mutual agreement. There are many different approaches to ADR, including methods like arbitration, mediation, conciliation and negotiation.

Unlike litigation, alternative methods of dispute resolution can help both parties find common ground. ADR is often a preferable route, as litigation can be expensive and can lead one party to fall subject to an unfavourable outcome.

What Are the Common Causes of Commercial Property Disputes?

The causes of commercial property disputes can be varied, ranging from failure to pay rent to the dilapidation of the property. When a tenant breaches the terms of their contract, the landlord may be entitled to exercise a right to forfeit, enter the property and terminate the lease.

The consequences can be damaging to both the landlord and tenant, as a costly, time-consuming process. Throughout the dispute resolution procedure, good communication and consistent discussions will have a great impact on how the issue is resolved.

What Are the Benefits of Dispute Resolution?

Negotiation and ADR are generally faster and cheaper methods of resolving a commercial dispute compared to litigation. This not only allows parties to focus on their businesses rather than the dispute, but it also preserves time and energy.

ADR methods are also great options for those who wish to repair their relationship in the long run, as avoiding legal procedures can help business partners return to their proceedings without the need for major alterations.

Mediation can also be a beneficial option, as the outcome are favourable to all parties concerned.

How Can Eatons Help?

Whatever the reason for your dispute, you do not have to experience it alone. At Eatons, our team of dedicated commercial dispute solicitors are here to advise, support and represent you.

From discussing your problems with you one-on-one to finding the appropriate method for resolving your dispute, our solicitors will provide you with a reliable consultation and representation, no matter the circumstance of the claim.

If you would like to find out more about commercial dispute resolution or would to talk to a member of our team, please contact us today.