How do you resolve a business dispute?
Disputes arise from time to time in business relationships and can be difficult to resolve, especially if there isn’t an agreement which sets out a framework for doing so.
Ideally every business agreement, whether it be a shareholders agreement, a supply agreement, a distribution agreement, a service agreement, or any other type of agreement, should anticipate that issues may arise in the course of the relationship, and set out a framework for resolving this. By doing so the parties have a better chance of resolving any issues expeditiously and cost effectively, and preserving their business relationship.
If you, or someone you know, need help or advice in putting in place an appropriate dispute resolution procedure in a business arrangement, please contact Ian Tait on 08 9422 8111 or email Ian at firstname.lastname@example.org.