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Following business transactions, companies and consumers often face various issues. Dispute resolution is therefore an important topic, and it can be carried out in or out of court.
Regardless of the solution, for a correct, efficient, and fast process, it’s essential to work with a team of specialists in litigation support.
Solving business disputes in court
Any commercial dispute can be settled in court, if necessary.
The type of court to which the parties should turn to is in most cases mentioned in the contract. If not, by carefully consulting the law you’ll find out which type of court to turn to. It’s often possible to appeal to the court closest to the defendant’s headquarters, but the law also offers other options in cases of contractual relations.
These are just some of the things that a commercial litigation support team can help you with.
Solving business disputes through arbitration
Commercial arbitration is a form of jurisdiction by which the parties with full capacity to make decisions can determine by mutual agreement to settle disputes. Arbitration agreements can also be concluded by the state, public authorities, and legal entities under public law carrying out economic activities if the law allows them.
The arbitration may resolve any disputes relating to or arising out of a contract, including disputes about the termination, performance, or conclusion of a contract.
There are very few exceptions, all of which are mentioned in the Civil Procedure Code.
Solving business disputes through mediation
Simultaneously, with the court or arbitration institution, the parties may agree to resolve their disputes with the help of a mediator. A mediator is an impartial person who tries to identify the needs of both parties and helps them reach an agreement. If mediation fails, the parties must rely strictly on the court or arbitration.
These are the most effective ways to resolve business disputes.
To find out more and discuss with a team of experts, contact us by phone, email or by filling out the contact form!
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